According to foreign media reports，The joint venture formed by the Russian search engine Yandex and the originator of the taxi app Uber plans to go public in the first half of 2019。

Also，Yandex also plans to increase investment in its newly acquired food delivery service。

Yandex Chief Financial Officer Greg Abovsky recently 188bet sports betting app download attended Morgan Stanley’s TMT conference in Barcelona, ​​Spain，He said in an interview on the sidelines of the meeting，The ride-hailing app joint venture formed by Yandex and Uber is most likely to be listed in the United States。

July this year，Uber and Yandex agree to merge their ride-hailing businesses in Russia。Uber will invest 2.USD 2.5 billion，Holding 36 joint venture companies.6% shares，The company’s valuation is 37.USD 300 million。This transaction is still awaiting regulatory approval in Russia and several neighboring countries。

Abboski said，Yandex is working to merge the taxi-hailing app and the food delivery service it acquired into one platform，But the plan is to retain the independence of the two applications on the front end。

As part of a joint venture，Yandex also acquired the Russian business of Uber’s food delivery app UberEats，And plans to increase investment。Abworski said: 188bet sports betting app download “We intend to invest very actively in this market next year。”

Yandex has high expectations for taxi services。Previously，The company and Uber are engaged in a subsidy war in Russia，To get more users。Abboski said，Second this year、Third Quarter，The number of users in Moscow shows triple-digit growth。

Abworski also said，Yandex is testing a ride-sharing service for its own employees，And developing self-driving cars on the streets of Moscow。

188bet app download Source: TencentTechnology, author: Li Lu, original labelTitle: "Russian Yandex teamed up with Uber to form a new company, planning to go public in 2019》.