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YANDEX TAXI BUSINESS
After months of negotiation, a rare Russian compromise as Yandex changes handsSix months earlier, the purchase of Yandex's Russia-based businesses, which generate more than 95% of revenue, by Russian investors looked ...- Russia's Yandex buys Uber's stake in taxi JV for $703 millionIn 2021, Uber divested its stake in a foodtech and delivery joint venture with Yandex. The companies joined forces in Russia in 2017 to com...
- Digital curtain descends on RussiaSince Vladimir Putin’s invasion of Ukraine began on February 24, more than 340 companies have announced complete or partial withdrawals fro...
- Uber weighs purchase of BMW-Daimler ride-hailing ventureUber has been looking to shed minority holdings in several ride-hailing operations recently, including portions of its stakes in China’s Di...
- Uber’s London ban marks global backlash for ride-hailing giantsFor Uber, the loss of its license in London puts one of its biggest markets outside of the U.S at risk. The regulator found unlicensed user...
- Lyft plans to file for IPO as soon as next weekThe ride-hailing company Lyft has plans to begin marketing shares in a roadshow the week of March 18.
- Ride-hailing startup Lyft files confidentially for US IPORide-hailing companies have attracted billions in venture capital, and 2019 will test whether the money-losing businesses withstand wider i...
- A little planning can go a long way in ensuring your trip to that must-see match is bez stressaMost Indian visitors will enter Russia through Moscow, so plan you trip depending on how much time you have.
- Tencent in talks to invest $400 million in OlaThe Bengaluru company has raised nearly $400 mn since November last year as it seeks to fortify its position as the first mover in the Indi...
- After China, Uber exits Russia but books a ride with Yandex TaxiThe Russia deal is Uber's second retreat from a major market after exiting China last year, losing over $2 billion in its battle with Chine...
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