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Ride Hailing App Yandex Launches in Romania, Shares Rise 3%

3:47PM ET 6/27/2019 MT Newswires
Yandex (YNDX) has expanded its international operations with the launch of its ride hailing app Yango in Bucharest, Romania, media reports said Thursday, citing a statement.

Shares were up 3% in afternoon trade.

According to SeeNews, with the launch of the application, a Yango partner in Bucharest recently opened a dedicated training center for drivers. The company also does not have its own cars or drivers, and works with local partners instead.

Price: 38.87, Change: +1.20, Percent Change: +3.17