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Yandex opts for latin script to broaden market reach
Published: 19 May, 2010, 12:58
Edited: 24 June, 2010, 22:19
TAGS: Investment, Markets, Internet, Information Technology
Yandex, the largest search engine in Russia, is launching a latin alphabet version of their platform for foreign websites, reports Kommersant.
Ochir Mandzhikov, press-secretary for Yandex, says the capability for searching on foreign sites should appear today and on the main site.
“Currently the search exclusively on foreign sites is designed for existing users, i.e. mainly the Russian speaking audience. But we are also planning to attract new users.”
Yandex, which currently ranks 7th in the rating of world search engine platforms by number of queries, is indexing foreign sites and adding them to search results which should be finished within two years. According to the company’s data, the share of search requests using the Roman alphabet on Yandex is around 12-15%.
“Now users interested in searching foreign resources will no longer have to go to other search engines,” added Mandzhikov.
Internet statistics company, Liveinternet, shows that among Russian users of Yandex, the weekly share has grown from 58.4% in October 2009, to 64.8% in May of this year. According to the company, in this time Google’s share has fallen 22.8% to 21.3%. Mail.ru and Ramber have also seen drops.
Another rating company, Comscore, shows that the number of searches on Yandex grew last year by 91%. By the end of 2008, Yandex was in 10th place, but managed to overtake Ask.com, Facebook and Alibaba.com in the number of searches.
Ramber Media corporate communications director, Konstantin Borontsov says Yandex’ move could prove successful.
“In the English language sector, Google and Yahoo are dominating the market, but Yandex is the leader on the Russian market, so it will be interesting to watch their success on the international arena.”
Leonid Delitsyn, an analyst at Finam Investment, does not expect immediate results, but is taking the right steps to ensure that the company doesn’t lose users in the future.
“Right now the company is going to test the search on foreign sites and improve the algorithms. But maybe in a year we can expect the English segment to advance.” He added, “12-15% of queries in the latin alphabet means that if these users are not satisfied with the results then they might try to go to other places like Google. Once they discover that Google has a good search engine in Russia, the need for Yandex could simply become irrelevant.”
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The Google language translator is not so good, either. It butchers grammar when translating Russian to English, and I can sometimes do a better job of translating with a dictionary (although much slower). I wonder if Yandex is useable for a foreigner who doesn't know much Russian?
I agree with Enrique on this one. China would be a good market for Yandex to grow. Also if Yandex has a good privacy rules and isn't a back stabbing giant, they could definitely go somewhere. I almost exclusively use Yandex now anyways. They need to improve their language translator.
Chinese+Indian+Turkic+Irish+Urdoo+Iranian+Japanese+Arabic+Several Billion speakers of other languages, can also be a target market for this Russian firm. Its better to enter swiftly and get a mass reach in this untapped territory. The new revolutionary things will always get a warm welcome in these region. Funding+Infrastructure+Intellect+Human resources are enough here, to get a Russian feel. Its not only worthy for money, Rather a ""RELATIONSHIP"" of these people. Because if You fail to show the generation a particular illusion, the next generation will take them as granted for good...