Uber and Russia’s Yandex Taxi agreed to form a new company
BAKU—Citing the fact that the CEO of the newly-formed venture between Uber and Russia’s Yandex Taxi is of Armenian origin, official Baku has rejected the ride hailing services operation within its borders.
Mayis Agiyev, head of the Baku’s Transportation Agency, told the press on Friday that Tigran Khudaverdyan, the CEO of the newly-formed company, was the reason for such posturing.
“For this reason, after the unification of Yandex Taxi and Uber companies, if this structure is to be headed by an Armenian citizen or a person of Armenian origin, the taxi drivers of Baku will be called on to cease communication with this company. Also, the issuance of special signs for taxis will be suspended for those [taxis] working with the newly established company,â€
