Yandex, Uber to spin off autonomous unit

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M&A

Yandex to also increase its stake in ride-hailing and foodtech JV with Uber to 62%

Yandex N.V., a Russian internet giant, will spin off its autonomous vehicle business and form a new company called Yandex Self Driving Group B.V. (Yandex SDG) with Uber, Yandex announced in a press release on 4 September 2020

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