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Yandex merges with Uber in Russia

13 Jul 2017

 

 

Yandex, known as the "Google of Russia", and Uber have settled on on a merger to form one ride-hailing service in Russia and five neighbouring eastern markets. Yandex will be the leading partner and will retain the brand name. 

 

The deal is seen as a way out for Uber who were struggling to take market share in Russia. 

 

For more details tap on the source: Yahoo 

 

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