Pecking order

13 July 2017 By Robert Cyran

The ride-hailing service’s efforts to expand in eastern Europe didn’t have a chance at usurping Yandex – but it did make its rival’s losses balloon. Combining the businesses allows both to escape this trap, with a big paper profit for Uber.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)