Yandex NV (NASDAQ: YNDX) Acquires Uber Technologies Inc (NYSE: UBER) Stake in Self-Driving Group

Yandex NV (NASDAQ: YNDX) has acquired Uber Technologies Inc (NYSE: UBER) stake in its Self-Driving Group (SDG). It has also acquired its indirect stake in Yandex.Lavka, Yandex.Eats and Yandex.Delivery. Yandex paid $1 billion for 100% ownership of the four businesses. According to experts, Uber reported a Q2 loss of $509 million and might be looking […]