Mergers and Acquisitions

Uber cedes control in Russian market with Yandex tie-up

Uber is ceding control of the Russian market by agreeing to merge its ridesharing business in the country and five other ex-Soviet republics with Yandex, the Russian search-engine leader that also runs a popular taxi-booking app.

Uber cedes control in Russian market with Yandex tie-up

Uber is ceding control of the Russian market by agreeing to merge its ridesharing business in the country and five other ex-Soviet republics with Yandex, the Russian search-engine leader that also runs a popular taxi-booking app.