Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

“Yandex. Taxi” Intends to Attract 150-200 Million Dollars
May 8, 2017 15:17


The online service of taxi orders “Yandex. Taxi” involved JP Morgan as the organizer of the transaction on the sale of a minority stake. According to the interlocutors of the newspaper, the service intends to attract 150-200 million dollars. According to the current assessment of UBS, the cost of this service amounts to 1.2 billion dollars. In order to attract this amount, is will be needed to sell a 12.5 -16.7 percent stake in the company, as analysts believe.

According to another source of the publication, the funds are needed by “Yandex. Taxi” for acquisitions with the probable objects of “Maxim” and InDriver taxi services. As part of the transaction, European and Asian investors have already been consulted, particularly those who have already invested in similar services. These include, in particular, Softbank Capital, Tiger Global.

However, as the interlocutor of the publication thinks, there are not many investors who can invest in such a service in Russia. In particular, it is Baring Vostok, Russian Private Equity Fund (RPEF). The possibility of purchase of the stake has been discussed with Sberbank, despite the fact that it had invested 100 million dollars in the competitor of “Yandex. Taxi” – Gett service.


Author: Anna Dorozhkina


Next Previous

You might also find interesting:

Aeroflot Is Leading On Transit Routes Between Europe And Asia The Russian Economy Can Cut Expenditures On Energy by 200 Billion Roubles Per Year Russian Media Group Scandal Russian MOFA Comments On Assad's Resignation Central Bank Retains Key Rate At 11%

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Baumgartner  Russian business  Ferapont Monastery  Kozhuhovskaya Line   Festivals in Moscow  Nikolay Leskov  Tatarstan  Russian banks  Folk Arts  Russian people  Symbolism  astronomy  Graffiti  Smashing Pumpkins  Powerhouse Museum  Awards  ROSCOSMOS  Mariy Chodra National Park  Jazz  Nobel Prize  road signs  Russian Film Directors  Russian opposition activists  Exhibitions in Moscow  Kickstarter  Space Physics  Saint Petersburg  invest  Soviet Music  Painting  Russian Cinema  Fairs   Rambler  Andrey Zvyagintsev  Russian culture  Russian Literature  cancer treatment  Moscow  physics  Izrazets  Yemelyan Pugachyov  Novgorod Region  economic crisis  Russian history  ExoMars 2016  Russian tourism  Russian businessmen  Mercedes-Benz Fashion Week Russia  Archeology  The Book of Records of Russia 

Travel Blogs
Top Traveling Sites