Russia's Yandex restructures JV ownership with Uber in $1 bln deal - NewsBreak

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By Hardik in Business
Updated 3 years ago

MOSCOW, Aug 31 (Reuters) - Russian internet giant Yandex (YNDX.O) said on Tuesday it would buy Uber's (UBER.N) stakes in their joint foodtech, delivery and self-driving businesses, and increase its stake in a mobility-focused joint venture as part of a $1 billion deal. The company added it had received a...

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