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Yandex NV operates as an investment holding company, which engages in the provision of search engines and online services. It operates through the following business segments: Search and Portal, E-Commerce, Taxi, Classifieds, and Experimental Businesses. Read More The Search and Portal segment includes all the services offered in Russia, Belarus and Kazakhstan. The E-Commerce segment is comprised of the Yandex.Market service. The Taxi segment is consist of Yandex.Taxi service. which is combined with ride-sharing business of Uber in Russia and neighboring countries, as well as Yandex.EAT. The Classifieds segment represents Auto.ru, Yandex.Realty, Yandex.Jobs and Yandex.Travel. The Experimental Businesses segment is comprised of media and discovery services; Yandex Data Factory; and search and portal activities in Turkey. The company was founded by Elena Kolmanovskaya, Ilya Segalovich, Mikhail Fadeev, and Arkady Volozh in 2000 and is headquartered in Amsterdam, the Netherlands.
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Yandex and Hyundai ink deal to develop driverless car components
Russian internet giant Yandex is teaming up with South Korea automaker Hyundai to develop driverless car components. It’s the former’s first OEM partnership, and it comes after Hyundai’s substantial investment this morning in India-based ride-hailing company Ola. The companies jointly announced today that they’ve inked a memorandum of understanding to architect the control systems for level 4 and level 5 cars, the categories of automation defined by the Society of Automotive Engineers’ (SAE International) ...
Yandex teams up with Hyundai Mobis for driverless cars
FILE PHOTO: Yandex.Drive carsharing cars are seen at a parking lot in Moscow, Russia September 10, 2018. REUTERS/Maxim Shemetov MOSCOW (Reuters) - Russia’s Yandex and Hyundai Mobis Co Ltd, an auto parts affiliate of Hyundai Motor Co, agreed to jointly develop control systems for driverless vehicles, Yandex said on Tuesday. The companies plan to present a driverless prototype vehicle based on a standard Hyundai or Kia production model cars before the end of the year, a Yandex spokesman said. In the future...
Associated PressMar 19
Yandex and Hyundai Mobis Join Forces on Autonomous Cars
MOSCOW and SEOUL, South Korea, March 19, 2019 (GLOBE NEWSWIRE) -- Yandex (NASDAQ:YNDX), a technology company that builds intelligent products and services powered by machine learning, and Hyundai Mobis, one of the world’s largest manufacturers of automotive components, have signed a memorandum of understanding (MOU). The companies plan to jointly develop control systems for Level 4 and Level 5 autonomous vehicles, combining Yandex’s established self-driving technologies with Hyundai Mobis’ extensive experience in the automotive industry.
Expected Apr 24, Pre-Market