Russian search engine Yandex is set to go public via NASDAQ this fall, with the hopes of raising up to $2 billion. Erick Schonfeld dubs it "the biggest tech IPO of 2008," as Yandex is currently the
leading search engine in Russia.
According to comScore data, Yandex reaches some 62% of the Russian Internet audience--and they spend an average of 90 minutes with the engine each
month. Search volume also puts the engine ahead of Microsoft and Yahoo in Europe--behind only Google and eBay.
Read the whole story at TechCrunch »