DJ Yandex Announces Third Quarter 2023 Financial Results Yandex N.V. Yandex Announces Third Quarter 2023 Financial Results 27-Oct-2023 / 12:00 MSK The issuer is solely responsible for the content
Yandex N.V. Yandex Announces Third Quarter 2023 Financial Results 27-Oct-2023 / 12:00 MSK The issuer is solely responsible for the content of this announcement.
GMV of other O2O services includes the total amount paid by customers and partner businesses for Yandex Delivery and Yandex Fuel services, the value of orders delivered through the Yandex Eats and Market Delivery food delivery services, Lavka Israel, and several other smaller O2O experiments, including VAT.
In RUB millions Three months ended September 30, Nine months ended September 30, 2022 2023 Change 2022 2023 Change Revenues 133,163 204,769 54% 356,921 550,539 54% Ex-TAC revenues 123,940 190,100 53% 334,216 512,124 53% Income from operations 10,797 12,084 12% 7,109 25,548 259% Adjusted EBITDA 20,003 26,528 33% 46,968 64,068 36% Net income 45,541 7,681 -83% 40,560 28,097 -31% Adjusted net income 5,009 3,366 -33% 10,019 15,583 56% Our segment disclosure is provided in the Segment financial...
-- Search share on iOS in Russia was 49.8% in Q3 2023, up 1.5 pp from 48.3% in Q3 2022 and stable comparedto 49.7% in Q2 2023, according to Yandex RadarDJ Yandex Announces Third Quarter 2023 Financial -2- -- Marketplace's assortment was 58.5 million SKUs as of the end of Q3 2023, up from 49.3 million SKUs as ofthe end of Q3 2022
The growth in GMV of Mobility reached 51% year-on-year in Q3 2023, driven by an increase in the number of rides, growing share of non-economy tariffs due to the shift of new vehicles supply on the market towards upper-class models and continued driver undersupply on our domestic market, as well as forex effect from our operations in CIS and EMEA markets. The growth in GMV of E-commerce was 67% year-on-year in Q3 2023 supported by organic growth in the user base and assortment expansion.
-- Number of Yandex Plus subscribers reached 25.8 million as of the end of Q3 2023, up 63% from the end ofQ3 2022
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