Yandex acquires Wind’s Israeli e-scooter operations

Russian tech giant Yandex is expanding its mobility footprint in Israel with the acquisition of shared e-scooter company Wind’s Israeli operations. The two are not sharing the terms of the deal, but Israeli financial newspaper Globes reported that it is estimated to have cost $40 million to $50 million.

Wind is one of the top e-scooter sharing operators in Israel, alongside competitors like Lime, Leo and Bird. Yandex has already been operating its Yango mobility platform in the country since 2018, starting with ride-hailing and working up to last-mile delivery and food tech. Acquiring Wind will expand this ecosystem by providing a broad variety of last-mile and transportation solutions, according to Yandex.

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