Yandex.Carshering

History

2024: Appointment of Kirill Lunev as CEO

In mid-July 2024, the Yandex.Carshering general director changed in the company "" (legal entity of the Yandex.Drive service). He was appointed Kirill Lunev, who replaced Sergei Kovalev. The latter headed the car-sharing direction Yandex"" from March 2024. here More.

2020

Revenue - 68 million rubles, and loss - 710.4 million rubles

The revenue of Yandex.Carshering amounted to 68 million rubles, and the loss - 710.4 million rubles. This company operates under the Yandex.Drive brand, according to information on the service's website. But the legal entity itself was registered only in April 2020. At the same time, in 2019, the revenue of Yandex.Drive LLC, which was previously considered the main legal entity for the service, amounted to 7.4 billion rubles, and the loss was 2.4 billion rubles. (data for 2020 for this company is not given). The representative of Yandex insists that these indicators do not reflect the results of their car sharing. Earlier, the company reported that in 2020 the revenue of this area amounted to 8.5 billion rubles, which is 13% more than in 2019. Yandex did not disclose its loss^[1].

Creating a Company

On April 15, 2020, it became known about the creation of Yandex.Carshering, in which Yandex allocated its business to provide short-term car rental services. According to Interfax, citing data from the Unified State Register of Legal Entities, the new subsidiary was registered on April 3.

According to SPARK-Interfax"," the 100% owner of Yandex.Carshering is the head structure of the Internet company Yandex N.V. Anton Ryazanov, who also heads another Yandex subsidiary, LLC, has been appointed CEO of the new company.Yandex.Drive

Yandex transferred car sharing to a separate business

The press service of Yandex.Drive confirmed to the agency the separation of the car-sharing business into a separate legal entity without specifying the details of the reorganization. The company did not disclose the further fate of Yandex.Drive LLC.

The Yandex.Drive service in the Yandex financial statements belongs to the segment of "experimental areas." By mid-April 2020 car-sharing , there are about 21 thousand cars in the service fleet.

Yandex.Drive is not the first Yandex service to be reorganized. Earlier, Yandex.Media Services, Yandex.Market, Yandex.Verticals and Yandex.Taxi were allocated to separate companies.

On April 13, 2020, Yandex.Drive and other car-sharing services in Moscow suspended work, following the decree of the capital's mayor Sergei Sobyanin. According to the mayor, it is very difficult to comply with the disinfection regime in car sharing. The ban on the operation of services is valid until April 19, 2020.

Yandex.Drive promised to start bonuses for using the car sharing service in Moscow when the provision of services resumes. During the downtime of the service, Yandex.Drive cars will be in parking lots, the Moscow company will continue to serve them.^[2]

Notes