Yandex Worth $9.99 BLN :: Russia-InfoCentre

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Yandex Worth $9.99 BLN

22.07.2013 15:06

Photo Credit: http://seofen.com

Yandex has seen a major increase in capitalization since its IPO in May 2011.

Back then, the company was estimated at $8.03 billion, with shares offered at $25.

The shares have significantly appreciated ever since, boosting the Russian search engine's capitalization to $9.99 billion.

Sources: http://www.vedomosti.ru

Author: Mikhail Vesely

Tags: Yandex

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