Yandex, Uber spin off self-driving vehicles business from joint venture
Green Car Congress
SEPTEMBER 6, 2020
Simultaneously with the spin-off transaction, Yandex will invest $150 million into Yandex SDG, $100 million of which will be in the form of equity and the remaining $50 million in the form of a convertible loan. Recently, Yandex launched Yandex.Rover commercial operations in the Russian tech hub of Skolkovo.
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