Bloomberg News

Yandex Starts Application Store for Android, Kommersant Reports

October 01, 2012

Yandex NV (YNDX:US), Russia’s largest Internet- search engine, is starting an online store to sell applications for devices powered by Google Inc. (GOOG:US)’s Android operating system, Kommersant reported.

The store will sell 40,000 applications for which Yandex acquired the licenses, and the company will get a share of revenues, the newspaper said citing unidentified people. The branded version of Yandex.Store will be installed on Android- powered devices from the fourth quarter, it said.

Yandex may also present its long-awaited debut Web-browser today to help it compete with Google, Kommersant said.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net


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Companies Mentioned

  • YNDX
    (Yandex NV)
    • $18.09 USD
    • 0.79
    • 4.37%
  • GOOG
    (Google Inc)
    • $511.1 USD
    • 6.21
    • 1.22%
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