Russian Search Engine Yandex announced preliminary unaudited financial results for 2008. Revenue exceeded $300mm, up more than 80% year-on-year. More than 85% of revenue was derived from text-based advertising.
In 2008 the average monthly number of advertisers on Yandex increased by more than 50%. Revenue generated from advertising on partner websites on the Yandex Advertising Network almost tripled.
Currently, Yandex has approximately 1,700 employees in Russia (Moscow, Saint Petersburg, Ekaterinburg), Ukraine (Kiev, Odessa, Simferopol) and in the USA (California).
Would you like to know more about Yandex? If so, contact HitSearch, SEO and Google adWords qualified PPC specialists, on 0845 643 9289. Remember, its a big world out there, make sure you become visible.