Yandex and Uber Complete the Combination of Their Ride-Sharing Businesses in Russia and Neighboring Countries
Summary
Yandex has appointed John Boynton, Chairman of the Board of Yandex N.V.; Arkady Volozh, its CEO; Greg Abovsky, its COO and CFO; and Vadim Marchuk, its Vice President, Corporate Development, as its designated members on the supervisory board of the combined company; and Uber has appointed Cameron Poetzscher, its VP of Corporate Development, Pierre-Dimitri Gore-Coty, its VP and Regional General Manager, EMEA, and Michelle DeBella, its Global Head of Internal Audit, as its designated members on the supervisory board.Yandex will provide an update on the operational statistics of the combined company during its regular quarterly earnings call with analysts and investors, scheduled for February 15, 2018.Yandex (NASDAQ: YNDX ) is a technology company that builds intelligent products and services powered by machine learning.Additionally, we have developed leading on-demand transportation services, navigation products, and other mobile applications for millions of consumers across the globe.Seven years and more than five billion trips later, we’ve started tackling an even greater challenge: reducing congestion and pollution in our cities by getting more people into fewer cars.