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Continue ReadingGet to know Yandex, a company that ruled the world online in Russia / by investing man.
Nowadays most people are familiar with using online platforms.
To meet everyday needs.
We searched for information from Google
We order products from Amazon
We called a car and ordered food via Uber, Grab
We follow videos on YouTube
We listen to favorite songs on Spotify
But believe it or not, people can use these services through a single ′′ Yandex ′′ company.
What business does this company do? Why do they rule Russian over other famous platforms?
Investing man will tell you about it.
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cuddle Update the situation and economic situation with Blockdit
There's a podcast to listen to on the go.
Blockdit.com/download
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Yandex is Russia's biggest tech company
Founded in 1997 or 23 years ago by a businessman named Arkady Volozh
Yandex stands for Yet Another Indexer
Because the first business of the company is to make a search website.
In the global Search Engine market, Google is undoubtedly leading up to 92 % while Yandex has 5 % user with a 0.5 % share.
But within the Russian country
Yandex can rule the market share at 58 % to be regarded as Russian Google.
However, this is only part of the Yandex Kingdom because of 70 different types of internet-related businesses.
Let's see some interesting examples.
Yandex. Direct Online Advertising Business is like Google Ads. 61 % Russian market share.
Yandex. Market platform to buy products online like Amazon. Currently, there are 19 million users per month.
Yandex. Taxi platform called Uber, but embraced 60 % of domestic users until the end of 2018, Uber competitors have to sell Russian affairs for 36.6 % of Yandex's shareholders. Taxi instead.
Yandex. Eats food delivery service and Yandex Lavka, the new generation's popular grocery delivery service.
Resulting in quarter 1 2020 Transport business group grew 49 % compared to the same period last year.
Yandex. Music platform listening online like Spotify and Yandex. Video platform. Video watching online. Like YouTube. Latest. Total members of 4.3 million accounts.
There are also many other businesses like
Yandex. Flight Platform to book airfare
Yandex. Messenger Chat Apps
Yandex. Disk storage services on cloud
Yandex. Money Payment System and Online Banking
Alisa Smart Assistant like Amazon Alexa
Even during the COVID-19 incident Russia was one of the severe outbreak centers, the company developed a free virus detection kit to the public.
By the proportion of the company's income every 100 baht.
64 baht from advertisement fee
24 baht from car and delivery business.
12 baht from other businesses such as subscription fee, entertainment media.
If you ask what is the reason Yandex has succeeded in occupying online space?
The answer should be not hesitating to grab opportunities in hand.
The company's strategy is to analyze which businesses have potential and foreigners are starting to market. But it doesn't meet local people. Yandex will compete with simple service models and consistent with consumer behavior.
Because the company has a great advantage that it can design platforms to support the usage of Russian language properly and more accurately.
Improving Yandex's performance continuously following the development of internet technology.
But it's undeniable that the weakness of rubble currency from Russia's case of economic sanctions since mid 2014's after Ukraine Crimea land annexation to be part of itself. Assembled with the Expanding businesses, affecting fairly corporate profits.
Year 2013 (1 rubles equals 1.01 baht)
Income 39,900 million baht
Profit of 13,600 million baht.
Year 2017 (1 rubles equals 0.55 baht)
Income 52,000 million baht
Profit of 4,800 million baht.
Year 2018 (1 rubles equals 0.47 baht)
Income 60,000 million baht
Profit of 20,800 million baht.
This year, there is extra profit from separating Yandex business. Market venture out with another company
Year 2019 (1 rubles equals 0.49 baht)
Income 86,000 million baht
Profit of 5,500 million baht.
Yandex is listed on the NASDAQ stock exchange in the USA. Now it's worth 420,000 million baht.
And it is evaluated that Mr Arkady Volozh, who is founder and CEO has private property up to 42,000 million baht.
However, sometimes business-related to a lot of data is often troubled because government concerns about the security of important data that could slip into the hands of dissent countries.
Yandex was recently ordered to restructure the company without a single shareholder over 10 % and limit total expat shareholders to 50 %
Yandex story makes us know
In many countries, strong foreign brands often scare local business owners and dare to do anything.
But really, what those companies can fight with us is understanding the unique characteristics of domestic consumers.
So if you keep opening the door to opportunities.
At the end we may succeed.
Like the case of Yandex that has become everything in Russian life..
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cuddle Update the situation and economic situation with Blockdit
There's a podcast to listen to on the go.
Blockdit.com/download
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References
-https://en.m.wikipedia.org/wiki/Yandex
-https://www.wired.co.uk/article/russias-search-engineer
-https://www.oberlo.com/statistics/search-engine-market-share
-https://yandex.com/support/all-services/
-https://www.statista.com/statistics/225701/revenue-of-yandex-since-2007/
-https://www.statista.com/statistics/225709/net-income-of-yandex/
-https://ir.yandex/news-releases/news-release-details/yandex-announces-first-quarter-2020-financial-results
-https://ir.yandex/news-releases/news-release-details/yandex-announces-fourth-quarter-and-full-year-2018-financial
-https://www.reuters.com/article/us-yandex-fund-law/russias-yandex-gets-green-light-from-putin-over-new-governance-structure-idUSKBN1Y10WS
-https://en.m.wikipedia.org/wiki/Arkady_VolozhTranslated
green technology examples 在 陳冠廷 Kuan-Ting Chen Facebook 的最佳解答
印度籍的新住民,也是市府的口譯Priya女士,@Priya Lalwani Purswaney帶領來自印尼、印度、越南、台灣的同學,前來市府參訪。這一次主要是針對聯合國發布之永續發展目標(SDGs)相關的事情,看看市府有做些什麼,也跟同學們聊聊天。
這剛好是市府、市長非常重視的議題。
其實市府在永續發展上面,包含不使用一次性的塑膠產品(看我們桌上的茶水就知)、減少碳足跡(使用視訊工具與國外機構對話)、可負擔及清潔的能源(如與民間公司合推「台北能源之丘」),乾淨的水與衛生(如規劃可持續的污水處理廠等),把這些市長跟市府同仁正在做、規劃中、跟已完成的項目,向自南亞、東南亞的同學分享。
來自印尼的同學特別對我們處理垃圾、要付錢的塑膠袋深感興趣。
Priya不僅僅是口譯、新住民、也是一個很棒的倡議者,很榮幸能夠接待他們!
#市政前進
能源之丘可參考:
https://www.facebook.com/watch/?v=2199489246739422
The Taipei City Government’s translator, Priya, brought her Indian, Indonesian, Vietnamese and Taiwanese colleagues to visit City Hall to pay a visit and learn more about our future development targets. Particularly on the radar was our green policies.
This happens to be an area of great importance for Mayor and the City Government
The City Hall’s total ban on single use plastics (as you can see from the reusable cups on the table), progressive reduction of our carbon footprint (by further utilising video call technology to avoid unnecessary air travel) and our meetings with clean energy providers are all examples of the constant attention that we have given to the area of green development. We are more than happy to share our experience and success with our South East and South Asian friends.
Priya is not only a talented translator, she is also an innovator. I’m privileged to be able to host her today! Taiwan is richer because of outstanding new migrants like her.
green technology examples 在 陳冠廷 Kuan-Ting Chen Facebook 的精選貼文
印度籍的新住民,也是市府的口譯Priya女士,@Priya Lalwani Purswaney帶領來自印尼、印度、越南、台灣的同學,前來市府參訪。這一次主要是針對聯合國發布之永續發展目標(SDGs)相關的事情,看看市府有做些什麼,也跟同學們聊聊天。
這剛好是市府、市長非常重視的議題。
其實市府在永續發展上面,包含不使用一次性的塑膠產品(看我們桌上的茶水就知)、減少碳足跡(使用視訊工具與國外機構對話)、可負擔及清潔的能源(如與民間公司合推「台北能源之丘」),乾淨的水與衛生(如規劃可持續的污水處理廠等),把這些市長跟市府同仁正在做、規劃中、跟已完成的項目,向自南亞、東南亞的同學分享。
來自印尼的同學特別對我們處理垃圾、要付錢的塑膠袋深感興趣。
Priya不僅僅是口譯、新住民、也是一個很棒的倡議者,很榮幸能夠接待他們!
#市政前進
能源之丘可參考:
https://www.facebook.com/watch/?v=2199489246739422
The Taipei City Government’s translator, Priya, brought her Indian, Indonesian, Vietnamese and Taiwanese colleagues to visit City Hall to pay a visit and learn more about our future development targets. Particularly on the radar was our green policies.
This happens to be an area of great importance for Mayor and the City Government
The City Hall’s total ban on single use plastics (as you can see from the reusable cups on the table), progressive reduction of our carbon footprint (by further utilising video call technology to avoid unnecessary air travel) and our meetings with clean energy providers are all examples of the constant attention that we have given to the area of green development. We are more than happy to share our experience and success with our South East and South Asian friends.
Priya is not only a talented translator, she is also an innovator. I’m privileged to be able to host her today! Taiwan is richer because of outstanding new migrants like her.
green technology examples 在 TOP 5 TECHNOLOGY FOR A GREEN FUTURE - YouTube 的推薦與評價
Please enjoy this episode of our Sustainability and Environment - Next level ideas to save the planet Series: TOP 5 TECHNOLOGY FOR A GREEN ... ... <看更多>