Russian search ad market booms
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by Mike Butcher on February 6, 2008

Europe: The contextual advertising market in Russia is worth $225 million. According to iConText the market has grown over two and a half times since 2006. Yandex, the Russian search engine and one of the biggest Russian Web portals online since 1997, could account for 64% of the market , accounting for $145 million. If you’re in the search ads market then it might be interesting to cast your eye over there.

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