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.

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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 the report.

Yango launched in Dubai in September 2022. It’s operated by Netherlands-based company Ridetech International, formerly Yandex Taxi, a subsidiary of Yandex NV, the Dutch-registered holding company for the Russian IT conglomerate Yandex.

Bud Light said in a press release on May 30 that they will be giving the National LGBT Chamber of Commerce $200,000 in donation support of the organization’s ‘Communities of Color Initiative’ (CoCi).

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