Uber to remove executives from Yandex joint venture

Feb 28 (Reuters) – Uber Technologies Inc (UBER.N) said on Monday it would remove the company’s three executives on the board of its joint venture with Russia’s Yandex (YNDX.O), as more western companies distance themselves amid Moscow’s invasion of Ukraine.

Uber last year divested its stake in the foodtech and delivery joint venture, which it established with the tech giant in 2018 to combine their ride-sharing businesses in Russia and neighboring countries. read more

The ride-hailing…