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Yandex purchases Uber's stake in delivery and self-driving businesses – Intelligent Transport

Russian technology giant Yandex has purchased Uber’s stake in several of the joint ventures it owns together, including its food and grocery delivery services. Yandex is one of Russia’s biggest technology companies Russian search engine and ridehailing company Yandex has announced that it will buy out Uber in some of the joint ventures the two giants share, including its food and grocery delivery services, in a $1 billion deal.     The agreement will see Yandex purchase Uber’s… Source link

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