[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Dr. David Martin discusses a proposed bioweapons attack scheduled for July 2025. MSNBC horribly suggests the genocide against the SA refugees is justified. Cheap Tomatoes (And Immigration) SOTT Earth Changes Summary - April 2025: Extreme Weather, Planetary Upheaval, Turmeric Lowers Blood Pressure-How To Get the Most Out Of It Magistrate Judge Issues Warning to US Attorney Alina Habba and ICE After Arrest of Newark Mayor UK PM Starmer Slammed For Daring To Suggest Immigrants Should "Speak English" How $21 TRILLION Went Missing From U.S. Tax Payers! -Catherine Austin Fitts Diddy’s Collapse Was No Accident – Whitney Webb Connects the Dots! CANADIAN Soldiers Spill Hard Truth about Russia Ukraine War 10 Russian weapons used in Ukraine that worry NATO CAF It Looks Like Crypto Is Going to Be the Trigger for the Next Crisis—and Massive Plunder Jimmy Dore NYC Mayor Race Just Got CRAZY! ! US Treasury Shocks With Second Biggest Budget Surplus In History Democrats have reached peaked stupidity. The Forgotten History of Neurological Vaccine Injuries Israel to take full control of land registry in West Bank's Area C, cementing annexation Trump discusses end to Gaza war with Saudi crown prince ew numbers from the Bureau of Labor and Statistics show 800,000 jobs from last year never existed. Hamas releases Israeli-American captive Edan Alexander after direct talks with U.S. Despite Mainstream Panic, US Consumer Price Inflation Tumbles To Lowest In Over 4 Years Big Pharma Whistleblower Found Dead After Confirming Ivermectin Cures Cancer Store nothing in plastic Black Nurse Claims She Kills White Patients on Facebook BOOM…😂😂😂 Eric Church - Drink In My Hand Lower Bloood Pressure Dozens of Afrikaners arrive to Dulles with refugee status, sparking outrage "Absurd Conspiracy": French Media Rushes To Quash Claims Macron, Merz & Starmer Caught Hiding Cocaine On Kiev-Bound Train Mark Dice: Blsck Fatigue

Business/Finance
See other Business/Finance Articles

Title: Yandex outpaces Uber in $1bn Russian taxi market, triples revenues in Q2
Source: [None]
URL Source: [None]
Published: Aug 16, 2015
Author: staff
Post Date: 2015-08-16 01:49:49 by Tatarewicz
Keywords: None
Views: 46
Comments: 1

RT... Russia's most popular search engine has not only beaten Google on its home turf, but has now left Uber in the dust in the Russian taxi market.

The company has announced that its online-taxi services’ revenue has tripled in the second quarter of 2015.

The Yandex.Taxi fleet has more than 15,000 vehicles in Moscow compared to 10,000 for its Israeli competitor Gett and America’s Uber with 3,000.

“Online services have made competition in the taxi market more transparent, leading to lower prices and sharp growth in the number of rides per person. For a third consecutive quarter, our taxi revenue is growing faster than we could’ve expected,” said Tigran Khudaverdyan, head of Yandex’s taxi unit, in an interview with Bloomberg.

READ MORE: Russian motorists’ union seeks probe into Uber-type taxi 'threats to society'

In the fierce rivalry of the Moscow taxi market, Yandex seems to have knocked the checkers off San Francisco-based Uber. While the US company was offering Russian clients free ice-cream and movie tickets, Yandex responded by buying two Teslas and offering random people rides in the electric cars, which are unlikely to be found elsewhere on Russian streets.

Further expansion of the taxi service would help the Russian search engine diversify from search-related advertising, which still accounts for 93 percent of its revenue.

Yandex is considering expansion of its business to former Soviet countries and Turkey, where its search engine is also represented.

In Turkey, where Yandex has about 5 percent market share, the company has invested in BiTaksi, the country’s largest online taxi service. In another attempt to conquer the Turkish market, Yandex became a title sponsor of Fenerbahce, one of the most popular football clubs, well-acknowledged in Europe with Dutch star Robin van Persie defending on its roster.

Post Comment   Private Reply   Ignore Thread  

#1. To: Tatarewicz (#0)

Interesting. Yandex is the name of a Europe-based free email service.

NeoconsNailed  posted on  2015-08-16   1:55:16 ET  Reply   Trace   Private Reply  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]