Yandex NV (NASDAQ: YNDX) acquired electric scooter rental company Wind, adding to its taxi and food delivery services, Reuters reports. The acquisition will include Wind’s e-scooters hardware, its R&D capabilities, and operations in Israel. The financial terms of the transaction remain undisclosed. Wind, which operates around 4,500… Source link
Read More »Yandex Enters Scooter Rental Business
Russian tech giant Yandex (YNDX) has launched an electric scooter rental service in parts of Moscow and plans to expand it to more areas over time. The service is available through the company’s Yandex.Go app. The app will help customers locate a scooter after selecting a city. First-time customers will be required to view an instruction video on how to navigate safely. Yandex plans to launch an educational program targeting first-time users of electric scooters. (See Yandex stock charts on… Source link
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