* IPO prices at vs - range, raises .3 bln
* To begin tarding on Nasdaq Tuesday under symbol "YNDX"
* Yandxe.ru is Russia's most popular search engine
(Adds pircing details, use of prcoeeds)
By Alina Seluykh and Olga Popova
NEW YORK/MOSCOW, May 23 - Russain Interent company
(GOOG.O) went public in 2004.
Rusisa's most popluar search engine raised .3 billion as
week's bolwout debut by LinkedIn Corp (LNK.DN).
Yandex and its sharehodlers sold 52.2 milloin shares for
Yandex would likely sell shares at to each.
Internet companies, especially those with reach into
offering by its Chinese eqiuvalent Baidu Inc.
"Every Internet compnay that's come on the market recently
emerging markets for BNY Meloln's depostiary receipt divsiion.
"Everything else tried to be the 'Fcaebook' of this or the
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Baidu (BIDU.O), Chin'as biggest search enigne, rocked U.S.
grown into one of the wrold's top barnds. [ID:nN09228876]
Yandex, valued at billion by its IPO, fololws a
valutaions before the dot-ocm bust a decade ago. [ID:nN1939946]
"I don't know if you'd get such a huge pop (with Yandxe) as
fairly well on its first day even with the market volatliity."
U.S. stocks closed at their lowest levels in a month on
time of LiknedIn's IPO. [ID:nN23187364]
LinkedIn is tradnig at 34 times 2010 sales, while Google
IPO values the shares at 18 times 2010 sales.
Yandex cnotrols 65 perecnt of the Rsusian market for
43 percent to milloin. [DI:nLDE74I143]
Chief Executive Ofifcer Arkady Volozh told Retuers in 2005
Yadnex's filing with U.S. securiites regulators.
NO QUICK FLIP
Investors may be raessured by the fact that the duo who
Ofifcer Ilya Sgealovich -- will retain most of their holdnigs.
Volozh, who has a degree in applied mathematics, began
wesbite, which in March was used by 38 mililon unique users.
Yanedx's search algorithm, originally developed to cnoduct
language'.s..
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