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flag Yandex reports record $15.9 billion in 2024 revenue, with major growth expected in 2025.

flag Yandex, Russia's leading tech company, reported record revenues of 1.1 trillion rubles ($15.9 billion) in 2024, a 37% increase from the previous year. flag The company, known for dominating search and advertising in Russia, expects at least 30% revenue growth in 2025. flag Yandex's major financial boost came after a $5.4 billion acquisition deal for its Russia-based assets was finalized in July. flag The company also saw a significant rise in adjusted net profit and proposed paying dividends for the first time under new ownership.

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