Yandex B2B Tech Announces 2024 Financial Results

Generated by Dall-E neural network

Yandex B2B Tech's total revenue for 2024 amounted to 32.2 billion rubles, an increase of 48.4% compared to 2023. According to Yandex's estimate, Yandex B2B Tech's share in the market was about 13% with a total market volume of 240 billion rubles.

Revenue from the Yandex Cloud platform increased 1.5 times and reached 19.8 billion rubles. The total number of platform clients increased 1.5 times and exceeded 44 thousand. The fastest-growing area was information security services - their consumption increased 2.1 times over the year, followed by Yandex DataLens (2-fold growth) and AI services (1.6-fold growth). The share of AI services in the platform's total revenue increased to 5% over the year.

Illustration: Яндекс

Yandex 360's revenue in 2024 increased almost 1.5 times and exceeded 12.4 billion rubles. At the same time, the revenue of the B2B segment more than doubled and accounted for more than half of the total revenue. The most popular services among B2B clients were "Mail", "Calendar", "Disk" and "Telemost".

Yandex B2B Tech is a Yandex division that creates and develops solutions for the corporate sector.