Uber and Yandex Combine in a $3.72B Joint Venture in Russian Market

net.xyz

12 points·cpt_snowcrash··11 comments

FYI: user cpt_snowcrash submits net.xyz domain only, users clayjen, ruchirs, reekapp, samvrk comment only in cpt_snowcrash's submissions

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Why do people do this on HN? Karma grinding or just promoting their xyz.net domain?

PS I found this submission while researching whether there is any discussion on HN about this uber&yandex cooperation.

I assume the goal is to get to the front page which brings a lot of traffic (tens of thousands of visits in 2014: https://news.ycombinator.com/item?id=8107658)

P.S. The main discussion about Yandex is here: https://news.ycombinator.com/item?id=14760423

Uber always was a 'bits and atoms' company according to its CEO Travis Kalanick unlike a puely internet based company like facebook and google. It is difficult for companies which have major chunk of operations to expand globally and win in the local markets. Only company which seems to have done it is Amazon

Amazons marketshare in Russia is basically zero. Russians use https://www.ozon.ru/ .

I think they never should have focussed on Self driving tech so early on in their journey. They should have won the market share globally first and then maybe focus on any kind of RnD. Business lesson is how laser sharp focus is the key

Maybe relevant: http://englishrussia.com/2017/05/31/russian-airport-taxi-dri...

I think Uber will face similar fate in south east asia by combining with Grab. Only India seems be the only market where it can compete and win with local rival ola

There are other markets like Pakistan which are fairly under penetrated ( Careem )

Who penetrates what?

So much for Uber's blitzscaling

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