Yandex drones for $ 7 billion, “scissors” Uber and alternative fish

Yandex unmanned business was generously estimated at $ 7 billion

Morgan Stanley analysts rated Yandex to develop unmanned vehicles of $ 7 billion and as one of the world leaders in this direction, Forbes writes . For the global market, such an assessment is justified, but for Russian it can be too large. To maintain leading positions, the Russian IT giant is recommended to invest more in an unmanned direction, and possibly with the help of an external investor.

• UBS analysts previously predicted that the Yandex unmanned business by 2030 will cost more than $ 6.4 billion, and the company will become a monopolist in the market. Exactly for the Russian market, Morgan Stanley Assessment of $ 7 billion can already be too large, warns the director of the Department of Promotions of the Capital Criminal Code, Nikita Emelyanov. But for a company with global ambitions, this figure does not look too high, he said.
• According to Morgan Stanley, Yandex in the development of unmanned vehicles is included in the ten largest world companies, and third place can occupy third place for road drones. For comparison of companies, analysts Morgan Stanley used five indicators: the number of cocked miles on public roads, the number of patents, the size of the fleet and staff of employees, as well as the driver’s interference in the operation of the drone during the trip. Yandex drones have already traveled more than 8 million miles (12.87 million km), 400 employees are working in the company, the fleet has 170 cars. The company does not disclose data on cases of drivers on roads during the trip during the trip.
• Yandex has been developing drones since 2016, since 2017 he has been testing them on the roads. In February 2020, the Yandex Managing Director Tigran Khudaverdyan said that Yandex investments in unmanned management technology amounted to 2.2 billion rubles. In September 2020, the unmanned direction, which used to be part of Yandex.Taxi, was allocated to Yandex Self-Driving Group. For this, Yandex bought part of the Uber share in their joint company and invested $ 150 million in this business. Now 73% of the shares belong to Yandex, 19% Uber.
• The modest budget (the American Cruise spent more than $ 9 billion on drones, and the leader of the Waymo market - $ 3.5 billion) did not prevent Yandex from achieving significant successes, but to maintain the market position, you need more investments, including the expansion of the fleet, Morgan Stanley notes. Analysts do not exclude that for this next year the company will look for an external investor.
• An increase in financing should help reduce the gap from the American Waymo leading market: by about three years in terms of the number of miles passed. The fleet and the base of the employees of the Russian company are about a quarter of Waymo, the Morgan Stanley report said.
• Analysts call the key risks in their assessment an unpredictable amount of time to develop technologies, regulation, as well as a possible slowdown in development due to an accident involving an unmanned car, as was the case with Uber.

What am I to me?

In addition to Yandex, the development of unmanned vehicles in Russia is engaged in Sber and KAMAZ, and the Russian technohigant is still far from the world's companies by assessment and investments. Yandex two years ago promised to begin to massively carry passengers on drones since 2023, but how real this forecast remains in question. What Russian developers, led by Yandex, are inferior to American and Chinese, what tasks to solve and what prevents this from, we told here .

Bell.club

New Guest - Daniil Shuleiko

The first hero of the autumn season Bell.club will be Daniil Shuleiko, director of the E-Commerce and Ridetech business group, Yandex: under its start-Taxi, Lavka, Drive and Market services.

Daniil headed the business group in February 2020-and it was he who had to quickly rebuild the operations of Raidtekh and Fudtech in the pandemic. As a result, according to the results of last year, the revenue of a taxi and Fudtech increased by 56%, and in the first half of 2021 - another 78% and 158%, respectively.

We will discuss with Daniel:

-How he managed to quickly rebuild the Yandex.Taxi business model

-What will be Yandex.Market and whether E-Com growth in Russia will end soon

- How to maintain calm and quickly make decisions in a crisis.

Participants of offline meetings will also be able to chat with Daniel behind closed doors and ask him their questions.

Hurry up to buy a ticket - the number of places is limited.

You can see the broadcast of the open part of the meeting on the Bell.Club Live channel.

MONEY

Uber got into the "scissors"

One of the world's largest taxi services Uber in the second quarter again reported on the Donalic loss ($ 509 million), which decreased by the year by the year, but grew compared to the first quarter. The company's problems are typical of the entire industry: it has simultaneously record bugwalls ($ 22 billion), which were provided by customers who returned to activity after the pandemic and the deficiency of drivers. Only on stimulation of drivers she had to spend $ 250 million. Deliversification in the form of delivery is still more eating capital: the total costs for the year increased by 57% and exceeded $ 5 billion, and the future of the market as a whole is vaguely due to the threat of the Delta Coronavirus Variant. The company's quotes fell by 5%.

Yandex again with Tinkoff

Recently bought a bank for the development of its own fintech of Yandex began to issue loans on its marketplace through Tinkoff Bank. Hebecame the first partner of Yandex.Market for lending to buyers. It is possible to submit an application for the approval of a loan in the amount of 3 thousand to 200 thousand rubles and for a period of three to 24 months during the placement of the order, the rate starts from 18% per annum and depends on the selected term, the company said. At the end of last year, Yandex and Tinkoff, with a scandal, broke negotiations on a possible merger, but future partnerships were not excluded in the IT giant.

Signals

Khodorkovsky's publications stopped work

Open media and MBH Media, who fell under the sudden blocking of Roskomnadzor, announced the termination of work. A similar decision was made by the "human rights cards". Both projects referred to too high risks for their employees and audiences. “Unfortunately, the authorities do not need media projects with a critical view of what is happening in the country, the more criticism - the shorter the life of the project. But we at least tried, ”the journalists of“ Open Media ”wrote. In Roskomnadzor, the day before, they explained that the reason for the blocking of sites was the connection with organizations recognized as undesirable in Russia.

PRACTICE

Not to be for creativity

Endless advice to managers “just be themselves” may not be the best way to reveal their creative potential, writes Quartz. Recent studies have found that you can get a creative advantage using the "dissonance of reason and body." While some participants were asked to describe their happy or sad experience and at the same time smile or frown in the process, others asked to take on large or small roles, but to accept compressed or open poses, respectively. Those who had a dissonance between the mental state and the position of the body had more non -standard and new ideas than those whose physical expression corresponded to internal emotions. Scientists came to the conclusion that actions that violate the usual body language can cause non -standard thinking and contribute to the development of creative abilities and creative stability.

Alternative fish

While meat substitutes capture the market, delicacies from plant substitutes for fish and seafood are becoming more and more popular. For example, sushi with tuna, where a dehydrated tomato occupies the place of fish. Compared to the alternative milk market ($ 2.5 billion) and meat substitutes ($ 1.4 billion), the segment of “smelly” seafood dishes still looks insignificantly modest - only $ 12 million revenues in 2020, Bloomberg counted . But, the agency notes, more and more people are ready to change their diet for the salvation of world oceans, and the seafood industry can use the experience of their predecessors to prepare for future changes.