Russian Yandex.Drive acquires Toplivo v bak startup

Russian car-sharing company Yandex.Drive, owned by the largest Russian internet group Yandex, bought startup Toplivo v Bak, which offers online purchase of fuel and direct delivery to the car's parking spot, on August 8.

The company, whose name translates as “Fuel to the Tank”, will help Yandex.Drive improve the fueling of its growing car fleet, Yandex said in a statement, without disclosing the size of the deal.

It was also announced that Toplivo v Bak would stop servicing private and corporate clients after the acquisition, in order to focus on improving Yandex.Drive.

That will leave its rival startup Pump as the only company serving private clients in Russian cities. Pump delivers fuel direct to parked cars on behalf of car-sharing companies and private clients. They fill up fuel tanks at the kerbside on receipt of an order via a smartphone app, even if the owner is not there.

This type of service is available in Moscow, St Petersburg and Sochi and Krasnodar.

Yandex LLC Rusija

YandexDrive

Toplivo v bak

Pumpa

purchase of Toplivo v bak startup

sale of Toplivo v bak startup

online purchase of fuel

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purchase of fuel through mobile phone