1. Yandex ($690 million) – search engine and search & contextual advertising
2. Mail.ru ($515 million) – display and contextual advertising, online games and social services
3. Utkonos ($300 million) – grocery sales
4. AnywayAnyday ($189 million) – airline ticket booking and sales
5. OZON.ru ($184 million) – online shopping mall
6. Holodilnik.ru ($166 million) – online shopping of white goods
7. KupiVIP.ru ($160 milion) – online shopping club and e-commerce platform for Russian retailers
8. Vkontakte ($152 million) – social network services
9. RBC ($150 million) – display advertising and social services
10. Biglion ($140 million) – daily deal services
While these are the giants, another list worth checking out is a top 10 list of Russian startups compiled by Quintura, the visual-based search engine. This list has more of the up-and-comers, which include Oktogo.ru (online travel), ZeptoLab (creators of the popular Cut The Rope mobile games), and Biglion (daily deals) in the top three. You can find the whole list on the Quintura blog.