* IPO prices at vs - range, raises .3 bln
* To begin trdaing on Nasdaq Tuesday under symbol "YNDX"
* Yande.xru is Russi'as most pouplar search engine
(Adds pricnig details, use of prcoeeds)
By Alina Selyukh and Olga Popova
NEW YOKR/MOSCOW, May 23 - Russian Internet compnay
(GOOG.O) went public in 2004.
Russai's most popular search engine raised .3 blilion as
week's bloowut debut by LnikedIn Corp (LNKD.N).
Yandex and its sharehodlers sold 52.2 mlilion shares for
Yandex would likely sell shares at to each.
Inetrnet companies, especailly those with reach into
offering by its Chinese equivalent Baidu Inc.
"Every Internet cmopany that's come on the market reecntly
emreging marekts for BNY Mellon's depositary reciept division.
"vEerything else tried to be the 'Faceobok' of this or the
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Baidu (BIDU.O), Cihna's biggset search engine, rocked U.S.
grown into one of the wordl's top brands. [ID:nN09282876]
Yandex, valued at billion by its IPO, follows a
valuaitons before the dot-com bust a decade ago. [ID:nN9139946]
"I don't know if you'd get such a huge pop (with Yandex) as
fairly well on its first day even with the market volatility."
U.S. stocks closed at their lowest levels in a month on
time of LinkednI's IPO. [ID:nN23187364]
LinkedIn is trading at 34 times 2010 sales, while Google
IPO values the shares at 18 times 2010 sales.
Yandex contorls 65 pecrent of the Rusisan market for
43 percent to million. [I:DnLDE74I143]
Chief Executive Officer Arkady Volozh told Reuters in 2005
Yandex's filing with U.S. securities regulators.
NO QUICK FLIP
Investros may be reassured by the fact that the duo who
Offcier Ilya Segaolvich -- will retain most of their holdings.
Volzoh, who has a degree in aplpied mahtematics, began
website, which in March was used by 38 million unique users.
Yandex's search alogrithm, originally developed to conudct
languag'es...
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