Tuesday, August 31, 2021

Russia's Yandex restructures JV ownership with Uber in $1 billion deal

Under the agreement, Yandex will receive Uber's 33.5% indirect interest in Yandex.Eats, Yandex.Lavka and Yandex.Delivery as well as 18.2% interest in Yandex Self-Driving Group (SDG), giving Yandex 100% ownership in all businesses.

from Tech-Economic Times https://ift.tt/2Wx59Hn
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Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...