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Technology Stocks : Yandex N.V.
YNDX 18.940.0%Mar 5 4:00 PM EST

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From: zax6/26/2012 1:36:42 AM
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Yandex Search Share Rises as Google’s Falls, Liveinternet Says
By Halia Pavliva - Jun 25, 2012 3:34 PM CT

bloomberg.com

Yandex NV (YNDX)’s share of Russia’s Internet searches climbed in the week to June 24, while the portion for competitor Google Inc. fell, according to Liveinternet.ru.

The share for Yandex, the owner of Russia’s most-used search engine, rose to 60.6 percent from 60.2 percent in the previous week, Liveinternet, an Internet service provider and researcher, said on its website today. Yandex’s share averaged 60.5 percent over the past four weeks and has stayed at above 60 percent since the four weeks to April 22, according to

Russian searches for Google, the world’s largest Web-search provider, fell to 26.3 percent from 26.8 percent in the previous week, for a four-week average of 26.4 percent, the data show.

The share of Mail.ru Group Ltd. (MAIL), the largest Russian-language Internet company, rose to 8.2 percent from 8.1 percent. The four-week average was at 8.1 percent, unchanged from last week and at the lowest since the period through Jan. 16, the data showed.

To contact the reporter on this story: Halia Pavliva in New York at hpavliva@bloomberg.net

To contact the editor responsible for this story: Tal Barak Harif at tbarak@bloomberg.net
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