Home
Internet
Internet News
Yandex plans own Internet browser report

Yandex plans own Internet browser - report

By Reuters | Updated: 13 September 2012 15:42 IST

Click Here to Add Gadgets360 As A Trusted Source

Yandex, Russia's most popular internet search engine, plans to develop its own internet browser to defend its market share, business daily Vedomosti reported on Thursday.

The daily, citing unnamed sources within Yandex, reported that the browser should be available in the fourth quarter.

Yandex, known as the 'Russian Google' and which raised $1.4 billion when it floated on the U.S. Nasdaq stock exchange in May 2010, declined to comment.

In the past, Yandex has accused Google of making it difficult to use rival search engines, including Yahoo and Yandex, with Google's Chrome browser.

According to LiveInternet, Yandex's share of the Russian search market averaged 60.4 percent in the second quarter.

In July, Yandex reaffirmed guidance for 2012 revenue growth of 40-45 percent in rouble terms, after 60 percent in 2011.

Comments

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.