Uber and Yandex combine forces in Russia

Posted online July 14, 2017 | 11:58 am

Uber agreed to merge its Russian business with local competitor Yandex.

Yandex will own roughly 59 percent of the combined entity.

The entity is said to be worth $3.7 billion.

Read more from BBC News.

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Uber and Yandex combine forces in Russia

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