RDIF Signals Investment in Uber Yandex Venture Company

Posted on 02/15/2018

San Francisco-based Uber Technologies understood that operating in the Middle East, China and Russia – local partners would be a necessity in surviving. In August 2016, Uber ended up selling its China unit to Didi Chuxing. The Russian Direct Investment Fund (RDIF) revealed its intentions to invest in the ride-hailing joint venture of Yandex N.V. […]