«Yandex” has increased its share of the Android platform after Google antitrust case, according to a company press release. “Special attention to the direction of the mobile has enabled us to improve the performance of mobile monetization products. After the FAS issued a decision in our favor in a dispute with Google, we have concluded a number of new distribution agreements. This has affected the share of Yandex on the Android platform – the end of June it began to grow, “- said General Director of” Yandex “in the Russian Alexander Shulgin. The company reported that its share of Android is now the order of 40%.
Recall that in April, the head of the Federal Antimonopoly Service (FAS) Igor Artemyev said that in non-competitive activities on the Russian market Google expects fine “significantly lower than in Europe, without the fantastic sums.” In Europe, companies face a fine of 10% of revenue for 2015, that is $ 7.4 billion. There’s antitrust investigation against Google is the European Commission.
We also learned that “Yandex” has raised its forecast for revenue growth by the end of 2016 compared with the previous year to 19-22%.
Learn more about the forecast, see the “Kommersant” material “” Yandex “looking for 2016 with optimism».
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