Yandex.Taxi online taxi ordering service of Russian internet major Yandex will launch its operations in Helsinki under the “Yango” (short for Yandex go) brand, Tass reported citing the press service of the company. The cost of the expansion was not disclosed.
This is the first step abroad for Yandex.Taxi after having cemented its leading position on the Russian taxi market. After a promising joint venture with Uber, Yandex.Taxi has been consolidating its market share through acquisitions and expanding into the delivery market at home.
Earlier this year Yandex.Taxi launched in Serbia, as well as Baltic capitals Tallinn and Riga. Commenting on entering the Finnish market, the company's press service stressed that Russian and foreign apps will be fully compatible.
"Russian and other foreign users that arrive for a weekend in Helsinki will not have to install new applications on their smartphones," the press service said, as cited by Tass.