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by techinformed56
3259 days ago
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Yandex.taxi is a service provided by Yandex. The deal talks nothing about licesing agreement for Yandex infrastructure (maps etc).
So the claim you make above is under premise that ride sharing will not make money at all and money spend on infrastructure will be far more than what ride hailing can generate.
So if this assumption is wrong then we are in different argument on whether ride hailing is a sustainable business at all.
Every investor is investing hoping ride hailing will be a profitable business. If it is then this combined entity has more to gain than lose. |
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If Yandex can take Uber's stake, which is worth billions as you say, they would be stupid not to, and they can, so they will.