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Initially the search engine was developed by Comptek.In 2000 Yandex was incorporated as a standalone company by Arkady Volozh. In 2004, Yandex sales increased to M, which was 10 times greater than the company's revenue just two years earlier. All of Yandex's accounting measures have been audited by Deloitte Touche Tohmatsu since 1999.Where a currency conversion is offered at the point of sale by the Merchant, not by Pay Pal, and you choose to Authorize the payment transaction on the basis of the Merchant's exchange rate and charges, Pay Pal has no liability to you for that currency conversion.Where your payment is funded by a Bank Card and involves a currency conversion by Pay Pal, by entering into this Agreement you consent to and Authorize Pay Pal to convert the currency in place of your Bank Card issuer.These updates will be posted at least 30 days prior to their effective date.You do not need to do anything to accept the changes as they will automatically come into effect on the below date.In 1993–1996 the company continued developing its search technologies and released software for searching through the Bible and Russian classical literature.The search engine was launched on September 23, 1997 and was publicly presented at the Softool exhibition in Moscow.

The “Currency Converter” tool can be accessed through your Account and used to see what exchange rates (with the Currency Conversion Fee already added) apply for certain currency exchanges at the time you use the tool.

In March 2013 it was revealed that a motion movie production about the history of Yandex is in the works.

In July 2017, Uber and Yandex NV are merging their ride-hailing businesses in Russia, Kazakhstan, Azerbaijan, Armenia, Belarus and Georgia.

Uber will invest 5 million and take a 36.6% stake in a new, yet-to-be named venture.

Yandex will invest 0 million and own 59.3% of the new company.

In January 2011 Yandex introduced premium placement opportunity in its Business directory; advertisers' local small businesses will be highlighted on a map for relevant queries.

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