The Yandex.Taxi service has tripled its revenues during the crisis and is ahead of Uber

Photo: mn.ru

The transport service Yandex.Taxi could triple increase revenue in the second quarter of 2015. At the same time, the service left behind its competitor - the company Uber, according to business indicators in Russia, writes Roem. For the year, the project should cover about 25 cities, and now most of the revenue from Yandex.Taxi brings activity in the capital.

Interestingly, in Moscow alone, the service fleet of more than 15 thousand cars. The Israeli service Gett - 10 thousand cars, and the US Uber - 3 thousand. A competitor from the USA also works in St. Petersburg and Yekaterinburg. Yandex.Taxi brings a substantial part of non-advertising revenues of a domestic company.

As for the second quarter of 2015, the revenue growth of non-advertising services of the company (this includes the taxi project) amounted to 202%. This situation has been observed for the third quarter in a row. In the first quarter, the increase in revenues was about 163% (276 million rubles in monetary terms). Share in total revenues - 2.24%. In the second quarter, this figure was 2.42%, from 635 million rubles in monetary terms.
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Now, according to the head of the service, Tigran Khudaverdyan, the revenues of online taxi order services are growing even faster than expected.