Yandex, Uber to spin off self-driving unit of JV

Self-driving Yandex cars in a lot — (BLOOMBERG/Photographer: Andrey Rudakov/Blo)

By:

ILYA KHRENNIKOV

By:

Bloomberg

September 04, 2020 10:14 AM

Yandex and Uber Technologies Inc. will spin off the self-driving car unit of their joint venture into a separate company, giving Yandex more control over the businesses and paving the way for new investors.

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