Russian Firm Taking On Uber In Dubai

According to Bloomberg, the Russian firm Yandex is taking on Uber in Dubai with its new company, Yango.

Yango – a ride-hailing, delivery and e-grocery company with Russian origins – is gaining popularity and challenging industry majors Uber and Careem in Dubai, Bloomberg reported on Wednesday, citing sources.

Its share of the local ride-hailing market in May amounted to between 4% and 8%, less than a year after the company started operations in the UAE’s most populous city, according to t...

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