Yandex.Taxi is an online ride-sharing service launched in 2011 by Yandex (NASDAQ: YNDX), a technology company that builds intelligent products and services powered by machine learning.
In February 2018, Yandex.Taxi merged with Uber in Russia, Armenia, Azerbaijan, Belarus, Georgia and Kazakhstan to create a new private company called MLU B.V., incorporated in the Netherlands.
As of today, MLU B.V. operates ride-sharing businesses under the Yandex.Taxi and Yango brands, as well as under the Uber brand in countries covered by the merge agreement. It also operates food delivery service Yandex.Eats, as well as our self-driving car division.