Mobility Services

Sber and Mail.ru Group “on the brink of divorce” (FT)

March 31, 2021

The rumors aired in late 2020 about dissensions between Mail.ru Group (an LSE-listed Russian Internet major) and Sber (the state-controlled financial and technology giant previously known as Sberbank) could be confirmed soon.  The Financial Times learned that the two groups are considering splitting jointly-owned assets, including meal delivery service Delivery Club and ride-hailing service Citimobil. These companies are part of a joint …

Sber and Mail.ru Group “on the brink of divorce” (FT) Read More

Backed by a software giant, this Russian smart transportation provider eyes foreign markets

March 19, 2021

Softline Venture Partners, the venture arm of Russian software giant Softline, has invested in T-1 Group,  a provider of B2B and B2C telematics solutions and navigation technologies. No details of the transaction were disclosed.  “The acquisition of a stake in T-1 Group is an investment in the rapid growth of the transport telematics market, which is simply …

Backed by a software giant, this Russian smart transportation provider eyes foreign markets Read More

Yandex.Taxi acquires assets in the taxi industry in spite of Mail.Ru’s veto

February 8, 2021

Yandex.Taxi, the taxi-hailing and food delivery joint venture of Yandex and Uber (formally called ‘MLU’), has completed the acquisition of the call centers and cargo business of Vezet Group.   ‘Vezet’ means “it’s giving a ride” or “to be in luck” in Russian. Established in May 2017 (resulting from the merger of two local companies), Vezet Group provides ride-hailing, cargo …

Yandex.Taxi acquires assets in the taxi industry in spite of Mail.Ru’s veto Read More

Russian truck giant Kamaz aims to scout startups across the world

January 25, 2021

Kamaz, the Russian truck giant (part of the state-owned Rostec corporation), and Pulsar VC, an established Russian venture firm, announce an international startup scouting partnership focusing on mobility and IoT. The companies said they will “jointly search for new markets in the transport sector and attract investment in start-ups.” They may also consider “creating a …

Russian truck giant Kamaz aims to scout startups across the world Read More

Russian online freight service Deliver secures $7 million to pursue international expansion

January 6, 2021

In the last days of December Deliver announced it secured 500 million rubles (nearly $7 million at the current exchange rate) from VEB Ventures (formerly VEB Innovations), a venture fund backed by state development agency VEB.RF (Vnesheconombank). An internationally successful Russian online freight service, Deliver has set for itself the mission of “solving the inefficiencies of the logistics market by applying modern …

Russian online freight service Deliver secures $7 million to pursue international expansion Read More

Yandex launches food delivery robots

December 9, 2020

Russia’s Yandex has started using its self-driving robot to deliver fast food orders, the company announced Wednesday. The small six-wheeled autonomous robot — dubbed Yandex Rover — has started delivering orders from Yandex’s food delivery service, Yandex Eats, to customers in one of Moscow’s central business districts.  Just like a human courier, after an order …

Yandex launches food delivery robots Read More

The alliance between Mail.ru Group and Sber is not stable, say media reports

November 22, 2020

According to media reports last week, the alliance of Sber (the state-controlled financial and technology giant previously known as Sberbank) and Mail.ru Group (an LSE-listed Russian Internet major) is not stabilized yet.  Financial Times reported the two companies are yet to align their strategic visions of the ecosystem they are building jointly. Sber sees its …

The alliance between Mail.ru Group and Sber is not stable, say media reports Read More

After raising $2.1 million, this Russian truck driving startup wants to become a unicorn

November 12, 2020

Fura, a Moscow-based startup offering high-tech services to truck drivers, has raised 160 million rubles ($2.1 million at the current exchange rate) in a Series A round led by an unnamed Swiss-Russian fund. Alexander Popov, Svyatoslav Vilde and other individual investors also took part in the round. The fresh funding will be used to strengthen the …

After raising $2.1 million, this Russian truck driving startup wants to become a unicorn Read More

Mail.Ru and Sberbank inject $160 million in their foodtech and mobility JV

November 12, 2020

Last week Mail.ru Group, the LSE-listed Russian Internet major, and Sberbank, the state-controlled financial and technology giant, announced a capital injection of 12 billion rubles (approximately $160 million) to develop their ‘O2O’ joint venture. Agreed in June last year, this JV combines the businesses of the two groups across a variety of fields, from ride-hailing …

Mail.Ru and Sberbank inject $160 million in their foodtech and mobility JV Read More

Russian entrepreneur brings social distancing to bus transportation

November 12, 2020

With COVID-19 wreaking havoc with transportation worldwide, a Russian entrepreneur, Denis Sverdlov, has proposed innovative, and eco-friendly, solutions for our transit crisis. Sverdlov is the founder of the British-based company Arrival. Already the talk of the town in the electric-vehicle business, the firm has designed public transport buses, that not only promise to lower our …

Russian entrepreneur brings social distancing to bus transportation Read More

Moscow subway to deploy facial recognition surveillance system

November 12, 2020

The subway cars working in the Moscow Metro will soon be equipped with facial recognition systems, reports the BBC Russian Service. According to a tender announced on July 9, the Moscow Mayor’s Office is spending 1.4 billion rubles (more than $19.7 million) on the purchase of the necessary surveillance cameras and specialized software. The first stage …

Moscow subway to deploy facial recognition surveillance system Read More

Yandex fired a taxi driver for refusing an African passenger. Then a campaign defending the driver appeared on Twitter.

November 12, 2020

On June 9, the online ride-sharing service “Yandex.Taxi” fired a driver from Bryansk, who refused to pick up a Black student from Congo. The incident sparked criticism of the Internet company on social media, with the hashtag #яндекскуколд (in English, “Yandex is a cuckold”) becoming a top trending topic on Twitter in Russia. Many users …

Yandex fired a taxi driver for refusing an African passenger. Then a campaign defending the driver appeared on Twitter. Read More

Scroll to Top

This site is under maintenance. Sorry for the inconvenience.

This site is under maintenance. Sorry for the inconvenience.