Yandex News

Last Price $ Last Trade Change $ Change Percent % Open $ Prev Close $ High $ low $ 52 Week High $ 52 Week Low $ Market Cap PE… Source link

Today in restaurant and grocery tech news, FreshDirect adds 250 SKUs of parent company Ahold Delhaize’s private label brands, and Russian food delivery company Yandex purchases a stake in Uber in a $1 billion deal. Plus, Nat Trienens, founder and CEO of digital ordering solutions provider Koala, discusses the delta variant’s effect on restaurant ordering habits. FreshDirect Woos Shoppers with Major Private Label Expansion, Lower Prices In a move to attract cost-conscious consumers with… Source link

Russian internet and ride-hail giant Yandex has acquired Uber’s stake in its Self-Driving Group (SDG), as well as Uber’s indirect interest in Yandex.Eats, Yandex.Lavka and Yandex.Delivery. The total cost of the deal came to $1 billion, giving the Russian company 100% ownership over all four businesses. Yandex SDG is an autonomous technology spinout from MLU B.V., the ride-hailing and food delivery joint venture Yandex formed with Uber in 2018 by merging… Source link

Yandex (NASDAQ: YNDX) shares are trading higher after the company announced it will acquire 100% of Uber’s interest in the Foodtech, Delivery and Self-driving businesses. “Since we started our partnership with Uber in 2018, we’ve been able to create and rapidly develop a number of successful businesses — all of them are highly synergetic to our e-commerce initiative and to the entire Yandex ecosystem. The consolidation of these businesses puts us in a great position to further… Source link

Yandex (NASDAQ: YNDX) shares are trading higher after the company announced it will acquire 100% of Uber’s interest in the Foodtech, Delivery and Self-driving businesses. “Since we started our partnership with Uber in 2018, we’ve been able to create and rapidly develop a number of successful businesses — all of them are highly synergetic to our e-commerce initiative and to the entire Yandex ecosystem. The consolidation of these businesses puts us in a great position to further increase… Source link

Russian IT giant Yandex said on Tuesday that it had reached a $1 billion deal to buy out ride-hailing service Uber from several joint ventures, squeezing the US company out of ex-Soviet markets. Under the deal, Yandex will buy Uber’s stake in their shared food delivery operations and a business that develops self-driving vehicles, gaining 100 per cent ownership. Yandex… Source link

The market has been high on Yandex NV (YNDX) stock recently. YNDX gets a Bullish score from InvestorsObserver Stock Sentiment Indicator. Yandex NV has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on YNDX! Source link

The restructuring of the MLU ride-hailing and car sharing joint venture, which includes Yandex.Taxi, will see Yandex own 71% while Uber’s stake falls to 29% from 33.5%, Yandex said, adding it had taken out a $2 billion call option to buy out the rest if it chooses to do so. By Anna Rzhevkina and Gleb Stolyarov MOSCOW: Russian internet giant Yandex said on Tuesday it would buy Uber’s stakes in their joint foodtech, delivery and self-driving businesses, and increase its stake in their… Source link

Russian IT giant Yandex said on Tuesday it had reached a $1 billion (€0.85bn) deal to buy out ride-hailing service Uber from several joint ventures, squeezing the US company out of ex-Soviet markets. Under the deal, Yandex will buy Uber’s stake in their shared food delivery operations and a business that develops self-driving vehicles, gaining 100 per cent ownership. Yandex will also increase to 71 per cent its stake in transport ventures with Uber – including taxi and car-sharing… Source link

The US-based fund Fidelity Management & Research Company (FMR) has acquired a 4.5 percent stake in Russian internet search engine Yandex, reports Cnews.ru. The market price of this stake is UAS 1.17 billion. Five US-based funds now own stakes at Yandex.  Source link