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Yandex and Uber to Merge in the Region

Yandex Taxi and Uber are merging in the region of Russia. Target countries are:Azerbaijan, Armenia, Belarus, Georgia and Kazakhstan. According to Russian media, Russian taxi company and Uber will found a new company.

According to Russian media, Russian taxi company and Uber will be founded by a new company for which 325 millions will be spent, sharing 100 million-Yandex and 225 million-Uber.

Common press release says that passengers will be able to order Yandex and Uber separately. Although, drivers will be united within the same platform.

Yandex Taxi launched in Georgia last year, but Uber doesn’t operate in Georgia on this stage.

Temur Khmelidze,the representative of Yandex in Georgia states that it’s not certain  when the cooperation will be launching in Georgia yet.