Yandex purchases Uber's stake in delivery and self-driving businesses – Intelligent Transport

Russian technology giant Yandex has purchased Uber’s stake in several of the joint ventures it owns together, including its food and grocery delivery services.

Yandex hqYandex hq

Yandex is one of Russia’s biggest technology companies

Russian search engine and ridehailing company Yandex has announced that it will buy out Uber in some of the joint ventures the two giants share, including its food and grocery delivery services, in a $1 billion deal.    

The agreement will see Yandex purchase Uber’s…


Source link

About search

Check Also

Yandex NV Says Completed First Phase of Russian Divestment – The Moscow Times

Yandex NV Says Completed First Phase of Russian Divestment – The Moscow Times

[unable to retrieve full-text content]Yandex NV Says Completed First Phase of Russian Divestment  The Moscow Times …

Leave a Reply

Your email address will not be published. Required fields are marked *