Yandex Go enjoys dominant position on Uzbek market, antitrust committee says

By Muzaffar Ismailov in Tashkent December 12, 2023

Yandex Go taxi service has a dominant position on the Uzbek market, Uzbekistan’s committee for competition development has assessed.

The Russian app-based ride-hailing company has an 86.3%-market share, the committee added, noting that it would monitor the position for the prevention of market abuse.

The state body began to analyse the status of the competitive environment in the taxi market in the second quarter of this year. In particular, it looked at companies that provide taxi services not only through a website or an app, but also through phone calls. Some 66 taxi companies operate on the territory of the republic, 58 of which provide dispatching services. Eight aggregators work through a mobile application.

Related Articles

BP signs 10-year LNG deal with China’s Zhejiang Energy

British supermajor BP has agreed to a 10-year LNG sales and purchase agreement with Zhejiang Energy, China Daily reported on May 23. Under the terms of the deal, the British energy giant will ship ... more

Ex-Ukrainian commander Zaluzhnyi says Russia has overtaken Ukraine in military tech

Russia has overtaken Ukraine in battlefield innovation, Ukrainian Ambassador to the United Kingdom and former commander-in-chief Valerii Zaluzhnyi said during a defence ... more

Profit of Russian SovcomBank down 50% in 1Q25

Publicly listed Russian Sovcombank posted a 50% year-on-year decline in IFRS net profit to RUB12.5bn ($172.8mn) for 1Q25, as monetary tightening and a stronger ruble weighed on core banking ... more

Dismiss