Tag Archives: joint

(Reuters) – Uber Technologies Inc said on Monday it would remove the company’s three executives on the board of its joint venture with Russia’s Yandex, 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. The ride-hailing company sold all of its holdings in the… Source link

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… Source link

VEON, a leading global provider of connectivity and internet services, recently announced that its Beeline mobile operator in Russia is to partner with Yandex.Plus for the launch of their first joint tariff plan.  The plan, branded “People closest to you with Yandex.Plus”, is a single-payment tariff that includes a bundle of minutes, internet and unlimited messages, as well as giving access to Kinopoisk, Yandex Music and cashback points in Yandex services. The joint tariff plan… Source link

[unable to retrieve full-text content]VEON’s Beeline team up with Yandex Plus to launch first joint tariff plan  Seeking Alpha Source link

Amsterdam. 27 December 2021 – VEON Ltd. a global provider of connectivity and internet services, announced that its Beeline mobile operator in Russia is to partner with Yandex.Plus for the launch of their joint tariff plan. The plan, branded “People closest to you with Yandex.Plus”, is a single-payment tariff that includes a bundle of minutes, internet and unlimited messages, as well as giving access to Kinopoisk, Yandex Music and cashback points in Yandex services. The joint tariff… Source link

AMSTERDAM, Dec. 27, 2021 /PRNewswire/ — VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announced today that its Beeline mobile operator in Russia is to partner with Yandex.Plus for the launch of their first joint tariff plan. The plan, branded “People closest to you with Yandex.Plus”, is a single-payment tariff that includes a bundle of minutes, internet and unlimited messages, as well as giving access to Kinopoisk,… Source link

  Uber (UBER) is selling its equity stake in the two joint ventures it created with Yandex to Yandex for possibly around $2.8 billion in cash, which is above the $1 billion carrying value that Uber reported at the end of the second quarter. While this transaction will improve the firm’s liquidity position, it will not impact our $69 fair value estimate of this narrow-moat and 4-star stock. Uber will receive $1 billion by the end of this year for all its holding in an autonomous joint… 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

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

Google search engine rivals have dialled up pressure on the European Commission over the tech giant’s ‘pay-to-play’ choice screen for Android users in Europe — arguing the Google-devised auction has failed to remedy antitrust issues identified by the European Commission more than two years ago. The joint letter to the Commission, which has been signed by Ecosia, DuckDuckGo, Lilo, Qwant and Seznam, requests a trilateral meeting between the EU executive, Google, and the five… Source link