Yandex and Uber to merge in Russia and five eastern European countries

FRANKFURT (Reuters) - Yandex, the "Google of Russia", and Uber have agreed to merge their ride-sharing businesses in Russia and five eastern European markets with Yandex as leading partner, the companies said on Thursday, marking another pullback from Uber's breakneck global expansion that comes a year after its exit from China.

from Reuters: Technology News http://ift.tt/2uchiRC