Yandex, N. V. (YNDX)

[Sazo233]

imo yndx will beat their estimated yoy growth figure of 40%-45% in 2012 by around 10%

yandex's team is fairly conservative. although, as they've stated, russias internet usage is nearing saturation, they are likely to dominate most post soviet republics as their brand solidifies and begins offering a more integrated platform.

most post soviet republics are nowhere near saturation in internet usage. also, turkey is a major market that yandex is breaking into this year, as well as eastern europe. that is why they are concentrating on the global index, they will refine their language algorithms and offer better and more relevant location based results, and services for mobile (which is still in infancy in russia).

as brand name becomes more recognizable with better and superior products/services, they will hold and gain market share in 2012 imo