Russian internet giant Yandex is interested in taking full control of its Yandex.Taxi ride-hailing service, a joint venture with Uber which returned to pre-pandemic growth levels in June.

Aram Sargsyan, Yandex.Taxi’s regional general manager for markets including EMEA and Eurasia, said that the division of the Russian internet giant remains in the black – after first reaching ...

Yandex.Drive was developed by Yandex in February 2018. It offers on-demand access to a fleet of 16,000 cars in Moscow, St Petersburg, Kazan and Sochi, making it the largest free-floating car ...

Yandex.Taxi is now available in 69 cities with populations over 100,000 in Russia, Ukraine, Armenia, Georgia, Kazakhstan, and Belarus.

Yandex’s taxi-service operations became profitable for the first time in the second quarter of 2019. According to our discounted cash flow model, Yandex shares have 7% growth potential.

Russian internet giant Yandex is interested in taking full control of its Yandex.Taxi ride-hailing service, a joint venture with Uber which returned to pre-pandemic growth levels in June.