Yandex links with Uber to buy smaller Russian taxi firm’s assets
Joint venture agrees to acquire the Vezet Group’s intellectual property and call centres
15 July 2019 - 18:36
Moscow— Russian internet company Yandex’s joint venture with Uber has agreed to buy Russian taxi firm Vezet’s core business, further cementing Yandex’s role as a major online taxi operator in Russia and neighbouring countries.
Taxi, ride-sharing and car-sharing services have been booming in Russia over the past couple of years after a number of foreign and domestic players invested in online platforms for such businesses...
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