Yandex reports a 34% YoY increase in revenue for Q1 2016 earnings

by Amy Gesenhues
Russian search engine Yandex released its Q1 2016 earnings report yesterday, announcing $243.7 million (RUB 16.5 billion) in revenue for the quarter – an impressive 34 percent increase over Q1 2015. Search queries for the site were up seven percent year-over-year for the quarter. Yandex’s share of the Russian search market saw a very slight increase year-over-year, owning 57.Read the full article