Thursday, July 13 2017 16:51
Alexandr Avanesov

Tigran Khudaverdyan will head the united company Yandex and Uber

ArmInfo. Yandex and Uber  decided to combine online business in Russia and CIS countries  (Azerbaijan, Armenia, Belarus, Kazakhstan). Yandex taxi general  director Tigran Khudaverdyan on the official page of the company  announced this.

As a result of the merger, a new company will be created, headed by  Tigran Khudaverdyan. Uber's investments in the new company will be $  225 million, and - $ 100 million. The market value of the  new company is estimated at $ 3.725 billion. Yandex will own 59.3% of  the company's shares, and Uber - 36.6%. The rest of the shares will  belong to the company's employees.

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