Yandex NV is buying out Uber Technologies Inc.’s shares in its food tech, delivery and self-driving businesses in an all-cash deal valued at $1 billion.
August 31, 2021Business, Technology, Autonomous
Yandex Buys Uber Out of Food-Delivery, Self-Driving Venture
Business, Technology, Autonomous
Yandex, Uber to Spin Off Self-Driving Cars Into New Company
Yandex NV and Uber Technologies Inc. will spin off the self-driving car unit of their joint venture into a separate company, giving Yandex more control over the businesses and paving the way for new investors.
September 4, 2020