"Avito’s” profitability surpassed "Yandex’s” financial indicators

Russia's most popular free classified “Avito.ru” service’s EBITDA index exceeded 50% in the first half of 2014.


In contrast, the similar indicator for "Yandex", Russia's largest and the most popular Internet search engine is rated as low as 39%.


Another Russian internet company who publically discloses its financial indicators is Mail.ru. According to the company report, its EBIDTA in H1, 2014 constituted as much as 53% with gross proceeds of $432,9M. However, its growth is declining, and the annual indicator may become lower.