MainMarket in Brief

Yandex

Yandex.Cloud’s Revenue for the First Half of 2021 Hits $15 Million

September 17, 2021, 15:27 (UTC+3)|
777

The total revenue of the cloud platform Yandex.Cloud in the first half of 2021 reached $15 million (1.1 billion rubles), which is 3.4 times more than in the same period last year. The growth largely affected by a 60% increase in the number of clients, primarily from large businesses, the company said in a press release.

The revenue in the large consumer segment is growing almost 30% faster than in the small and medium business segment. At the same time, in absolute terms, the number of SMB companies since the beginning of the year has grown to 12 thousand and accumulates 51% of the platform's revenue.


Product cards

Yandex.Cloud


Companies from the IT, finance and retail industries remain the leaders in the consumption of cloud platform services. At the same time, virtual machines, network drives, virtual network management tools are the most in demand among companies.

Original (in Russian)

Subject:

#company_reporting

Companies:

#Yandex

Solutions:

#Yandex.Cloud

Share:

Learn more about Moscow IT Market by subscribing to our newsletters

By clicking the button you agree to Privacy Policy

Unless otherwise stated, the content is available under Creative Commons BY 4.0 license

Supported by the Moscow Government