Yandex.Taxi buys a part of the business "lucky" for $ 178 million

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Yandex.Taxi buys a part of the business

Investing.com - Yandex Group of Companies (MCX: YNDX). Taxi buys call centers and business commissioning of a group of companies "luck" for $ 178 million. Part of these funds will be paid on the results of integration, which will end in the second quarter of 2021.

"The transaction will allow Yandex.Taxi to improve the client service and speed up the development of a logistics platform, in particular to offer the express delivery of parcels and goods to residents of the regions," the company reports.

Users "lucky" will be able to call taxi by phone, as they are used to, or in Yandex GO. Drivers will also be asked to connect to the Yandex.Pro platform.

The company draws attention to the fact that advanced security technologies and an efficient distribution mechanism on the platform allow drivers to drive less "in good" and earn more, and users spend less time to wait for the car.

The current deal, as indicated in the company, differs from the agreement between Yandex.Taxi and "lucky", announced in July 2019, since it implies the acquisition of only part of the assets "lucky", acts in a limited number of regions and does not apply to software, and therefore Does not require coordination in the federal antimonopoly service (FAS).

As RBC reminds, in 2019 the FAS refused to approve the transaction for the purchase of call-centers and software "lucky", since it will "strengthen the dominant position of the company" both throughout Russia and within the boundaries of more than half of the regions.

The international IT-company Yandex.Taxi develops a business in several directions - online booking a taxi, recreation, cavalry and logistics. The company controls Superappum under the Yandex GO brand (Yandex.Taxxi service until August 2020 in Russia), as well as Yandec.Deriv services, Uber Russia, Yango, Yandex.hed, Yandex.Lavka, Ultima and logistics verticals on express delivery products, send parcels and transportation of goods.

The group of companies "Visit" appeared in May 2017 as a result of the unification of taxi aggregators "Saturn" and "Ratakshi". Key advantage of the service - Omnalinality: the trip can be booked both with the help of a mobile application and by phone. Companies are available in more than 100 cities of Russia.

Text prepared Alexander Schnitnova

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