Yandex, Uber spin off self-driving vehicles business from joint venture

Green Car Congress
By mmillikinSep 6, 2020, 4:30 am517 ptsHot
Yandex N.V. and Uber entered into agreements to spin off the self-driving vehicles business, Yandex Self Driving Group B.V. (Yandex SDG) from their ride-hailing and foodtech joint venture, MLU B.V.. Following these transactions, Yandex SDG will be directly owned by Yandex and Uber. Yandex will continue to…

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