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Uber and Yandex unite business taxi

Uber и Яндекс объединят бизнес такси59% of the new company will belong to “Yandex”, 36.6% of Uber.

The Russian company Yandex and Uber unite business taxi.

About it reported in a press release of Yandex.

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Under the agreement, Uber and Yandex respectively invest $225 million and $100 million in the new company.

“We Yandex.Taxi and Uber, have resolved to combine our services and business in Russia and also in Azerbaijan, Armenia, Belarus, Georgia and Kazakhstan, is given in the message words of the General Director of Yandex.Taxi Tigran Khudaverdyan. Together we will build a “personal public transport” – an alternative to personal vehicle, bus or subway”.

He said that after the merger “nothing will change” – to order a taxi will be like using the Uber app and via Yandex.Taxi.

Drivers will unite on a single platform.

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