USA Today: Uber to merge business in Russia with Yandex

USA Today: Uber to merge business in Russia with Yandex . “The new business will be valued at more than $3.7 billion when it closes in the fourth quarter of 2017. Yandex will own a 59% stake in the new company, which will be run by CEO Tigran Khudaverdyan. Uber will have a 36.6% stake.The new ride-sharing company will serve customers in Russia, Kazakhstan, Azerbaijan, Armenia, Belarus and Georgia.”

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