Yandex (NASDAQ: YNDX) shares are trading higher after the company announced it will acquire 100% of Uber’s interest in the Foodtech, Delivery and Self-driving businesses.
“Since we started our partnership with Uber in 2018, we’ve been able to create and rapidly develop a number of successful businesses — all of them are highly synergetic to our e-commerce initiative and to the entire Yandex ecosystem. The consolidation of these businesses puts us in a great position to further increase…
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