“Yandex.Taxi “intends to attract up to $ 200 million investments

Consultations have already been held with European and Asian investors, including SoftBank Capital, Tiger Global, which previously invested in similar services. There are not so many large investors in Russia. According to the source, the possibility of investing was discussed with Sberbank, although he provided $ 100 million last year to the competing Gett service.

«Yandex.Taxi», launched in 2011, is the largest player in the domestic market with a share of 55 %, the UBS report is indicated in the March report.

The purpose of attracting investments is still unclear. According to one source, additional funds required «Yandex.Taxi» to absorb similar taxi services, such as «Maksim» and indriver. Price «Maxim» can amount to more than $ 150 million, and the company in 2016 Mail.RU Group wanted to purchase for $ 68 million. However, a representative «Maxim» denies the fact of negotiations on the sale of the company, and the general director of the company «Street» (owns Indriver) Arsen Tomsk said that so far he rejects the merger or sale due to a low service assessment.


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