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Technology Stocks : Yandex N.V.

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Mar 5 4:00 PM EST

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From: zax	6/27/2012 7:58:09 AM
	of 78

Yandex expands global search index from 4 billion to ‘tens of billions’ of pages 27th June 2012 by Robin Wauters thenextweb.com Russian search engine company Yandex has significantly boosted its global search index from 4 billion pages indexed to ‘tens of billions’ of pages, according to a spokesperson. Yandex CEO Arkady Volozh announced the expansion of its search index, which has happened gradually since its launch in May 2010 and not suddenly, during the St. Petersburg Economic Forum. Some publications reported that the boost would help Yandex rivals Google and Microsoft Bing in foreign markets, but that isn’t what this is about at all. Yandex continues to target Russian speakers and users in Turkey but is simply adding more (and only popular) foreign websites to the index to grow the offering. That said, there’s no denying that the expansion of its index puts Yandex on near-equal footing to the major international search engines. Yandex’s share of Internet searches in Russia is roughly 60 percent, according to Liveinternet.ru data, with Google trailing at roughly 27 percent.

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