MOSCOW (Reuters) – Russia’s Federal Antimonopoly Service (FAS) said on Wednesday a deal between Yandex.Taxi ride-hailing service, a subsidiary of Russian internet group Yandex, and a taxi firm Vezet could have negative effect on competition on the taxi market. Yandex.Taxi announced last month the acquisition of selected assets of Vezet to ramp up development of logistics services and enhance customer case across Russian regions. FAS said the deal did not require its approval as assets… Source link
Read More »Russian watchdog warns of competition risks from Yandex.Taxi deal with Vezet
MOSCOW (Reuters) – Russia’s Federal Antimonopoly Service (FAS) said on Wednesday a deal between Yandex.Taxi ride-hailing service, a subsidiary of Russian internet group Yandex, and a taxi firm Vezet could have negative effect on competition on the taxi market. Yandex.Taxi announced last month the acquisition of selected assets of Vezet to ramp up development of logistics services and enhance customer case across Russian regions. FAS said the deal did not require its approval as assets… Source link
Read More »Yandex.Taxi Announces Acquisition of Selected Assets of Vezet Group
Transaction includes the call centers and cargo business of Vezet Group MOSCOW, RUSSIA and AMSTERDAM, THE NETHERLANDS / ACCESSWIRE / February 2, 2021 / Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced that MLU B.V. (“MLU”), Yandex’s ride-sharing and food delivery joint venture, has completed the acquisition of the call centers and cargo business of Vezet Group. Current shareholders of Vezet Group will receive… Source link
Read More »Yandex : Taxi Announces Acquisition of Selected Assets of Vezet Group
Yandex.Taxi Announces Acquisition of Selected Assets of Vezet Group Transaction includes the call centers and cargo business of Vezet Group Moscow and Amsterdam, the Netherlands, February 2, 2021 – Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search provider in Russia, today announced that MLU B.V. (“MLU”), Yandex’s ride-sharing and food delivery joint venture, has completed the acquisition of the call centers and cargo business of… Source link
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