Uber is set to sell its ownership stake in a handful of joint ventures with Russian Internet giant Yandex.
According to a release from Yandex, Uber’s board approved the sale of shares in Yandex.Eats, Yandex.Lavka and Yandex.Delivery. Uber is set to sell 33.5-percent stake in the grocery delivery service, the hyper-local convenience delivery program the company’s last-mile logistics solution respectively.
Uber will also sell its 18.2 percent stake in the Yandex Self-Driving Group…
Source link