— Company news — Restructures Self-Driving Business
Summary
“We are excited to increase our stake in this strategically important part of our business,” said Arkady Volozh, Chief Executive Officer of Yandex. Yandex SDG is also planning to launch its autonomous mobility services in Ann Arbor, Michigan (USA) and Tel Aviv, Israel in the near term. “Weve been developing technology that can be applied to various types of vehicles and that is suitable for different road, traffic and weather conditions around the world,” said Dmitry Polishchuk, CEO of Yandex SDG. The creation of a new company, with significant support from Yandex, positions us well for the further acceleration of our development and to achieve our goal of creating a safe and efficient transportation ecosystem." For further information, please visit or contact: Yandex (NASDAQ and MOEX: YNDX) is a technology company that builds intelligent products and services powered by machine learning.
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