Google Spending $250k/month On Outdoor Ads In Russia

Friday, June 6th, 2008

J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

Will bus stop and subway advertising to the tune of an estimated $250,000 per month help Google gain search market share against Russia’s home grown leader Yandex? The company is launching “”Moscow 2.0,” which includes over 5,000 outdoor advertisements across Moscow.

Yandex, with nearly 50% market share, is preparing a Nasdaq IPO. Google has around 31% market share.

Translated version of the story is here, and see the Quintura blog.

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