The most expensive internet company operating in Russia as of February 2024 was Yandex, whose value was measured at 12.5 billion U.S. dollars. Founded in 1997, it provides services such as search, maps, advertising, e-commerce, or taxi. The second-leading business on the list was Wildberries, founded in 2004, which was the largest online retailer in Russia and was estimated to be worth over seven billion U.S. dollars.
Leading internet companies in Russia as of February 2024, by value
(in million U.S. dollars)
Characteristic
Company value in billion U.S. dollars
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The study considered companies initially concentrating their business on the internet, in which more than a half of the income comes from the online activity. It looked at companies created in Russia or mostly operating on Russian market. It excluded Russian businesses of global corporations and companies largely working in the offline sector.
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AS Rus Media / Forbes Russia. (February 21, 2024). Leading internet companies in Russia as of February 2024, by value (in million U.S. dollars) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1063103/leading-russian-internet-companies-by-value/
AS Rus Media / Forbes Russia. "Leading internet companies in Russia as of February 2024, by value (in million U.S. dollars)." Chart. February 21, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1063103/leading-russian-internet-companies-by-value/
AS Rus Media / Forbes Russia. (2024). Leading internet companies in Russia as of February 2024, by value (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1063103/leading-russian-internet-companies-by-value/
AS Rus Media / Forbes Russia. "Leading Internet Companies in Russia as of February 2024, by Value (in Million U.S. Dollars)." Statista, Statista Inc., 21 Feb 2024, https://www.statista.com/statistics/1063103/leading-russian-internet-companies-by-value/
AS Rus Media / Forbes Russia, Leading internet companies in Russia as of February 2024, by value (in million U.S. dollars) Statista, https://www.statista.com/statistics/1063103/leading-russian-internet-companies-by-value/ (last visited September 01, 2024)
Leading internet companies in Russia as of February 2024, by value (in million U.S. dollars) [Graph], AS Rus Media / Forbes Russia, February 21, 2024. [Online]. Available: https://www.statista.com/statistics/1063103/leading-russian-internet-companies-by-value/