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Re:Uber Cedes Russia to Yandex with $3.7B Merger Agreement by skinnymuch on Thursday July 13, 2017 @11:12AM (#14761943)
The overall company is worth $3B though, right? Seems like a good deal for Uber since they do half the revenue of Yandex. Uber was never going to be allowed to win Russia and they can lower the money they were pouring into Russia, sans this one time $225M. Probably save more from however much they were hemorraging. Just like with the Chinese merger, I think this is a good thing. Gets Uber to stop burning so much money.

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