Yandex closes Uber stake buyout deal — company – Business & Economy

Yandex closes Uber stake buyout deal — company – Business & Economy

MOSCOW, December 21. /TASS/. Yandex has closed the deal of buying out the Uber stake in Yandex food, online store, delivery, and self-driving services totaling $1 bln, the press service of the Russian technology company told TASS.

“Yandex has closed the deal of buying out the Uber stake in Yandex.Eats, Yandex.Lavka, Yandex.Delivery, and the self-driving service” the company said.

Yandex and Uber will continue joint development of taxi ordering, car-sharing, and kick scooter hire services,…


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