Yandex buys out Uber's stake in Yandex Self-Driving Group, Eats, Lavka and Delivery for $1B - NewsBreak

Yandex SDG is an autonomous technology spinout from MLU B.V., the ride-hailing and food delivery joint venture Yandex formed with Uber in 2018 by merging Yandex.Taxi and Uber's Russian operations. At the time, Uber had a 36.6% stake in the new company. Last year, when SDG was spun out into a separate business, Uber was left with an 18.2% stake in the company, which has just been bought out by Yandex. Yandex also purchased Uber's 33.5% collective interest in Yandex's food delivery service, last-mile logistics service and 15-minute convenience store delivery service.