Tag Archives: Yandex

Yandex takes more control of Russian venture with Uber in $1 bln deal

Yandex takes more control of Russian venture with Uber in  bln deal

An Uber logo is seen during the global outbreak of the coronavirus disease (COVID-19), in Redondo Beach, Los Angeles, California, U.S., November 2, 2020. REUTERS/Lucy Nicholson MOSCOW, Aug 31 (Reuters) – Russian internet giant Yandex (YNDX.O) said on Tuesday it would buy Uber’s (UBER.N) stakes in their joint foodtech, delivery and self-driving businesses, and increase its stake in their ride-hailing joint venture as part of a $1 billion deal. The restructuring of the MLU ride-hailing and car… Source link

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Yandex (YNDX) Expands Ownership in Uber JVs

Yandex (YNDX) Expands Ownership in Uber JVs

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here. Morgan Stanley analyst Luke Holbrook reiterated an Overweight rating and $90.00 price target on Yandex (NASDAQ: YNDX) after the company bolstered its stake in the Uber JVs with a $1bn deal, resulting in Yandex owning 100% of the SDG, Yandex.Eats, Lavka and Delivery, plus 4.5% of the MLU JV (ride-hailing). The analyst stated “We think the market will view a further option to… Source link

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Yandex Introduces SignalQ2 Dri – GuruFocus.com

SANTA CLARA, Calif., Aug. 31, 2021 (GLOBE NEWSWIRE) — Ambarella, Inc. ( AMBA), an AI vision silicon company, today announced that the new Yandex SignalQ2 LTE-enabled driver monitoring system (DMS) camera is based on the Ambarella CV25 edge AI vision system on chip (SoC). This Yandex DMS camera will be deployed across the Yandex.Taxi fleet of partner ride-hailing vehicles by 2022, and Yandex is offering the camera to other companies such as those with delivery van fleets. Yandex.Taxi, an… Source link

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Yandex Introduces SignalQ2 Driver Monitoring Camera for its

Yandex Introduces SignalQ2 Driver Monitoring Camera for its

SANTA CLARA, Calif., Aug. 31, 2021 (GLOBE NEWSWIRE) — Ambarella, Inc. (Nasdaq: AMBA), an AI vision silicon company, today announced that the new Yandex SignalQ2 LTE-enabled driver monitoring system (DMS) camera is based on the Ambarella CV25 edge AI vision system on chip (SoC). This Yandex DMS camera will be deployed across the Yandex.Taxi fleet of partner ride-hailing vehicles by 2022, and Yandex is offering the camera to other companies such as those with delivery van fleets…. Source link

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Yandex Introduces SignalQ2 Driver Monitoring Camera for its

Yandex Introduces SignalQ2 Driver Monitoring Camera for its

SANTA CLARA, Calif., Aug. 31, 2021 (GLOBE NEWSWIRE) — Ambarella, Inc. (Nasdaq: AMBA), an AI vision silicon company, today announced that the new Yandex SignalQ2 LTE-enabled driver monitoring system (DMS) camera is based on the Ambarella CV25 edge AI vision system on chip (SoC). This Yandex DMS camera will be deployed across the Yandex.Taxi fleet of partner ride-hailing vehicles by 2022, and Yandex is offering the camera to other companies such as those with delivery van fleets…. Source link

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Yandex Introduces SignalQ2 Driver Monitoring Camera for its Ride-Hailing Partners and Other Fleets, Powered by Ambarella’s CVflow® Edge AI Vision SoC

Yandex Introduces SignalQ2 Driver Monitoring Camera for its Ride-Hailing Partners and Other Fleets, Powered by Ambarella’s CVflow® Edge AI Vision SoC

Ambarella’s CV25 SoC Chosen for AI Performance, Low Power Consumption and Cybersecurity Capabilities Yandex Selects Ambarella’s CV25 Edge AI Vision SoC for SignalQ2 Driver Monitoring Camera The new Yandex SignalQ2 LTE-enabled driver monitoring system (DMS) camera is based on the Ambarella CV25 edge AI vision system on chip (SoC). The new Yandex SignalQ2 LTE-enabled driver monitoring system (DMS) camera is based on the Ambarella CV25 edge AI vision system on chip (SoC). SANTA CLARA, Calif.,… Source link

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Russia’s Yandex restructures JV ownership with Uber in $1 billion deal | The Mighty 790 KFGO

Russia’s Yandex restructures JV ownership with Uber in  billion deal | The Mighty 790 KFGO

MOSCOW (Reuters) -Russian internet giant Yandex said on Tuesday it would buy Uber’s stakes in their joint foodtech, delivery and self-driving businesses, and increase its stake in a mobility-focused joint venture as part of a $1 billion deal. The company added that it had received a call option to purchase Uber’s remaining stake in mobility businesses for up to $2 billion. The restructured joint venture MLU will continue to focus on mobility businesses, including ride-hailing and car… Source link

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Yandex Buys Uber Out of Food Delivery Partnership in $1Bln Deal

Yandex Buys Uber Out of Food Delivery Partnership in Bln Deal

Yandex has struck a $1 billion deal to buy out U.S. ride-hailing giant Uber from a host of the pair’s joint ventures in Russia, the company announced Tuesday. The deal signals a new stage in the partnership between Yandex and Uber which has seen the pair cement its position as Russia’s leading ride-hailing service and launch a host of initiatives in areas such as self-driving vehicles, express food delivery and car-sharing. Under the terms of the deal, Yandex will take… Source link

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Russia’s Yandex restructures JV ownership with Uber in $1 bln deal

Yandex takes more control of Russian venture with Uber in  bln deal

An Uber logo is seen during the global outbreak of the coronavirus disease (COVID-19), in Redondo Beach, Los Angeles, California, U.S., November 2, 2020. REUTERS/Lucy Nicholson MOSCOW, Aug 31 (Reuters) – Russian internet giant Yandex (YNDX.O) said on Tuesday it would buy Uber’s (UBER.N) stakes in their joint foodtech, delivery and self-driving businesses, and increase its stake in a mobility-focused joint venture as part of a $1 billion deal. The company added it had received a call option to… Source link

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