Russia’s Yandex after full control of taxi business as ride-hailing bounces back

MOSCOW (Reuters) – Russian internet giant Yandex (YNDX.O) is interested in taking full control of its Yandex.Taxi ride-hailing service, a joint venture with Uber (UBER.N) which returned to pre-pandemic growth levels in June.

FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo

Yandex is talking to Uber about increasing its majority stake in Yandex.Taxi, Chief Operating Officer and…


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