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Yango’s ride-hailing business was officially launched in Israel on December 10, 2018. [11] The app was installed by 100,000 users there in the first two weeks. [12] The firm introduced a controversial new business model in the local taxi sector that offered passengers the exact price of rides known in advance. [13]
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By decree of the President of the Republic of Azerbaijan of December 21, 2015, the Baku Transport Agency was established under the Cabinet of Ministers of the Republic of Azerbaijan. Fields of activity
inDrive (previously known as inDriver), is an international ride-hailing service [2] with more than 200 million downloads operating in more that 700 cities in over 45 countries.
In December 2017, Yandex.Taxi acquired Foodfox, a food delivery service in Moscow. [18] After the merge of Uber and Yandex.Taxi in March 2018, Uber Eats and Foodfox combined their services to become Yandex Eda. In February 2018, the Yandex Eats food delivery service was launched. [19] [20]
As of 2011, 1,000 black cabs are ordered by Baku Taxi Company, and as part of a programme originally announced by the Transport Ministry of Azerbaijan, there is a plan to introduce London cabs into Baku. [151] [152] The move was part of £16 million agreement between Manganese Bronze subsidiary LTI Limited and Baku Taxi Company. [153] [154]
The service was launched in Tallinn, Estonia in August 2013, and by 2014, it was operating abroad. In April 2017, it expanded to Baku and Malta. [6] In September 2017, Bolt launched its services in London by acquiring a local taxi company, but was suspended by Transport for London due to licensing issues.
Face.com raised a total of $5.3 million in funding for their face recognition technology. A Series A round, totaling $1 million, was raised in February 2009. On September 27, 2010, the company announced that it had closed a Series B round of $4.3 million, led by previous investor Rhodium and Russia-based investor Yandex.