Mobility

French carpooling giant BlaBlaCar to acquire bus ticketing platform Busfor

November 12, 2020

BlaBlaCar, the carpooling giant born in France, aims to expand on a new market segment with the acquisition of international bus ticketing platform Busfor. The news was reported today by business daily Kommersant, which cites exchanges with BlaBlaCar’s CEO Nicolas Bruisson and Busfor co-founder Ilya Yekushevsky. The deal, which is still subject to regulatory approval, …

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Self-driving vehicles could “make Yandex a much larger company,” believes UBS

September 3, 2019

Yandex is likely to enjoy a monopoly in the field of unmanned vehicles in Russia, and these activities could be valued at up to $7.7 billion by 2030. This is how UBS envisions Yandex’s prospects in this market, according to an analysis which was revealed last week by the Russian business daily RBC.  Yandex’s commercial …

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Mail.ru Group acquires controlling stake in car-sharing company with leadership ambitions

November 12, 2020

Mail.ru Group, an LSE-listed Russian Internet major, has just announced the acquisition of a controlling stake with a capital injection in the transportation service company YouDrive.  Proxima Capital Group, a Moscow-based investment firm, took part in the deal as a “partner,” stated Mail.ru Group; but neither the nature of this partnership nor the amount of the deal …

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Car-sharing company Delimobil seeks massive capital injection before potential IPO

November 12, 2020

Delimobil, a leading car-sharing company in Russia, is seeking to raise at least $60 million, according to Russian business daily Kommersant. The company, of which 77% is owned by Luxembourg-based holding Mikro Kapital Group, has hired Rothschild & Co to help them secure the deal.  According to Kommersant’s unnamed sources, Delimobil intends to claim a $300 …

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Sberbank’s alliance with Mail.ru Group puts its partnership with Yandex under question

November 12, 2020

In a move that could have far-reaching strategic implications, Mail.ru Group and Sberbank – two giants of the Russian Internet listed on Western exchanges – yesterday announced a joint venture project to develop ride-hailing and food delivery activities. This is the first-ever cooperation of that type between these two companies, the Mail.ru Group press service …

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Yandex.Taxi announces new acquisition to maintain leadership; Mail.ru Group claims veto right

November 12, 2020

Yandex.Taxi, the taxi-hailing company which merged activities in Russia and some neighboring countries with Uber last year, is planning a new acquisition to expand across Russian regions.  The company (formally called MLU) announced today an agreement to acquire the IP and call-centers of Vezet, a taxi-hailing service which is available in 123 Russian cities under …

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Siberian school-leaver launches pizza into space and chats with Elon Musk

July 14, 2019

Many people first heard about ToSky on June 2, 2019, when the company launched a toy Lada into space with a figure of Dmitry Rogozin, general director of the Russian State Space Corporation (Roscosmos), inside. To do so, the startup from Tomsk (3,000 east of Moscow) used an aerostat, basically a high-altitude balloon. But Nikita …

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Moscow City Hall uses taxis, video cameras, and metro passes in new citywide surveillance scheme

November 12, 2020

Moscow Vice Mayor Maxim Liksutov has told the BBC Russian Service that the Russian capital’s municipal government is tracking the movements of its residents using tools as diverse as taxi data, cell phone data, security cameras, data from Troika multi-ride metro passes, and customer complaints about the city’s public transport system. Liksutov said that all this geoanalytical …

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Russian space agency to use artificial intelligence in Moon’s exploration

October 27, 2019

Russia plans to explore the Moon using robots with the elements of artificial intelligence, the press office of the State Space Corporation Roscosmos told TASS on Tuesday.” The participation of humans in this program is harmoniously combined with the use of automatic space vehicles and robotics with the elements of artificial intelligence,” Roscosmos said. Robotized …

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Report: Monthly car sharing spending exceeds $15 million in Russia

November 12, 2020

Russia’s car sharing market grew fivefold in 2018, reaching some 7 billon rubles (approximately $110 million), according to Sberbank, a major state-controlled financial institution. Total spending amounted to 1 billion rubles (roughly $15 million) in January 2019, up 5% from December 2018. In 2018, users spent a monthly average of 3,467 rub. ($55) , each …

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Yandex and Hyundai Mobis announce partnership on self-driving vehicles

September 2, 2019

Yandex, the NASDAQ-listed Russian search giant, and Hyundai Mobis, a global manufacturer of automotive components, have agreed to jointly develop control systems for Level 4 and Level 5 autonomous vehicles. In the first phase, according to the memorandum of understanding announced yesterday, the partnership will focus on “developing a driverless prototype vehicle based on standard …

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Powered by AI and computer vision instruments, Russia’s first self-driving tram could start regular service in 2021

February 16, 2019

As Yandex’s autonomous car has entered an active experimental phase in Russia, Israel and the USA, two Russian companies – PC Transport Systems and Cognitive Technologies – are developing jointly a fully autonomous tram, reports RailTech.com. The self-driving vehicle is equipped with “an AI-based computer vision system, up to 20 video cameras located around the …

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