A $1.6bn tech joint venture between Russia’s giant state-owned bank Sberbank and Mail.ru, the owner of the country’s largest social network, has been plagued by management and cultural clashes that may lead to a “divorce”, according to several people familiar with the situation.
Sberbank and Mail.ru announced the JV last July, pledging to combine their ride-hailing, food apps and delivery services to create Russia’s “leading platform in mobility and food…
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