Russia's Yandex aims for U.S. IPO of its Uber taxi JV in 2019

Russia's Yandex aims for U.S. IPO of its Uber taxi JV in 2019

Unplugged computer monitors are seen through a glass door in the office of the Russian internet group Yandex in Kiev, Ukraine, May 29, 2017. REUTERS/Valentyn Ogirenko/Files

Yandex NV, the maker of Russia’s most-popular internet search engine, intends to move forward with an initial public offering of its recently enlarged taxi business by the first half of 2019, and plans to ramp up spending in its newly acquired food delivery service.

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