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:

Russia Repaid Its Debts On the Obligations Of the USSR to Bosnia And Herzegovina Buzz Barometer: Nine Countries Suffer Rouble Devaluation American GE Signed New Agreements With Russian Companies Pussy Riot Comment Wrong, Admits Russian TV Inflation in Russia is an endless and tiring process

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Nizhny Tagil  Russian Arts and Crafts  Russian Literature  Russian Cinema  Archeology  environment  Russian immigration  Temnikov  Crimea  Russia’s Central Ban  Tair Salakhov  Old Russian House  Alternative Energy  Andrei Rublev  Russian business  Russian musicians  Spartak Moscow  Sberbank  Kalininrgrad Museums  Russian universities  Auctions  New Medicines  Maria Sharapova  Russian designer  Mercedes-Benz Fashion Week Russia  Igor Sechin  Sberbank-CIB  Dima Yakovlev Law  Painting  Russian painters  Megacities  Moscow Festivals  Russian children  Flutes  Cars  Bolshoi Theatre  Baskunchak  Moscow Art Theatre  Spasskaya Tower  Exhibitions in Moscow  Russian Art Week in London  Syria  birth rate  Russian tourism  Moscow  Kabardino-Balkaria  Russian history  Cancer  Russian architecture  Arctic 

Travel Blogs
Top Traveling Sites