The company opened its first office in Shanghai during 2015 to work with Chinese companies that work in the Russian language market. The company opened a sales office in Lucerne in 2012 to serve its European advertising clients, while opening a research and development office in Berlin in 2014. Yandex Labs was opened in Silicon Valley in 2008, and also in Istanbul in 2011. Its main competitors on the Russian market are Google,, and Rambler. It also has the largest market share of any search engine from Europe and the Commonwealth of Independent States and is the 5th largest search engine worldwide after Google, Baidu, Bing, and Yahoo!. The firm is the largest technology company in Russia and the second largest search engine on the Internet in Russian, with a market share of over 42%. It primarily serves audiences in Russia and the Commonwealth of Independent States, and also has 30 offices worldwide. The firm is registered in Schiphol, the Netherlands as a naamloze vennootschap (Dutch public limited company), but the company founders and most of the team members are located in Russia. ( / ˈ j ʌ n d ɛ k s/ Russian: Яндекс) is a multinational corporation primarily for Russian and Russian-language users, providing 70 Internet-related products and services, including transportation, search and information services, e-commerce, navigation, mobile applications, and online advertising.
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