The Tech IPOs train 3.0 is truly underway. First it was Demand media off the blocks, then Renren, Linkedin. And now it is the turn of Yandex, Russia’s largest search engine.
Yandex IPO Price.
Yandex IPO was priced at $25. We made a comparison of Yandex valuation with another famous search engines, Google and Baidu: At $25 a share, the company is valued at some $8bn, with an earnings multiple – about 60 times net income – higher than Google’s, but below that of Baidu, China’s top search site.
Yandex IPO Date
The US Initial Public offering started on Monday 22, May 2011. The shares will begin trading on Tuesday on the Nasdaq stock market.
written by Constantine Njeru
\\ tags: Baidu, China, Earnings, Google, Initial Public Offering, Ipo Price, Ipos, Largest Search Engine, Linkedin, Nasdaq Stock Market, Net Income, Russia, Search Engines Google, Train, Yandex
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written by Constantine Njeru
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