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Russia’s billionaire Usmanov among investors of Uber taxi service

The official representatives of USM and Uber in Russia have declined to comment on the reports

© ITAR-TASS/Vladimir Smirnov

MOSCOW, January 24. /TASS/. USM Holdings owned by Russia’s business magnate Alisher Usmanov and his partners is one of investors of the popular Uber taxi service, a source close to the company told TASS on Sunday.

The official representatives of USM and Uber in Russia have declined to comment on the reports.

Uber is an international transportation network company that develops mobile app for requesting trips with personal drivers. The company provides services in 360 cities in 64 countries of the world. In Russia, the company began operations in 2013. In October 2015, Uber said it planned to launch services in all Russian million-strong cities this year.

The value of the car-booking company is estimated at $62.5 billion, CNBC reported earlier this month citing sources.

USM Holdings Ltd. is an international company that has assets in metals and mining industry, telecommunications, the Internet and mass media. USM's main shareholders are Alisher Usmanov, Vladimir Skoch and Farhad Moshiri. Usmanov has earlier invested in Apple, Facebook, Alibaba, JD.com and other high-technology companies.

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Lukashenko grants asylum to Schmidt persecuted on political grounds by Poland

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Lin Jian also reaffirmed Beijing's position on the Ukrainian issue

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Russian Security Council Deputy Chairman Dmitry Medvedev said it in an interview

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"An automated warning was sent 30 minutes before the launch," Dmitry Peskov said

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German politician slams Ukraine’s ‘irresponsible’ strike on Russia with UK-made missiles

"A diplomatic search for balance and mutual understanding should be the goal, instead of further escalation," Alice Weidel said

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"We know what kind of developments are being carried out there, but this will happen tomorrow or in a year or two, but we have such a system already today," the president said

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Top EU diplomat Josep Borrell confirmed that the US administration had lifted restrictions for US-supplied missiles to be used for strikes up to 300 kilometers inside Russia

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Robert Fico pointed out that "more and more evidence show that the West seeks to prolong the war in Ukraine for various reasons"

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Russian military to warn Ukrainian civilians of future Oreshnik attacks — Kremlin

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US decision to allow missile strikes deep into Russia fuels global escalation — Slovak PM

Robert Fico also rejected the belief that this escalation would not impact "those living far away, in Spain, England, or America"

Biden’s actions on Ukraine meant to 'muck things up' for Trump — Lavrov

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Western countries should 'be afraid, tremble' after Putin's statement — lawmaker

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US missile defense base in Poland long among Russian army’s targets — Foreign Ministry

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Russian ambassador says UK prime minister doesn’t understand situation in Ukraine

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Enemy has no countermeasures for Russia’s Oreshnik missile — Putin

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Any escalation scenario possible in Ukraine conflict — Medvedev

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Captives, Ukrainian losses: situation in Kursk Region

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Ukrainian defense line in Donbass may soon collapse — expert

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Russia hammers Ukrainian military-industrial facilities, energy sites over week

Russian forces liberated seven communities in the Donetsk People’s Republic over the past week, the Defense Ministry reported

NATO enters conflict, Russia has every right to attack its targets now — expert

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US journalist calls US President Joe Biden’s government 'the fascist state'

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Viktor Orban recalled that Russia has "one of the most powerful armies in the world, which boasts the most advanced, most powerful weapons"

Diplomat mocks US Senator for talking about invading Netherlands

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US-led coalition aircraft violate Syrian airspace ten times in past day

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Illegal decisions on Russian property in Finland will not go unanswered — diplomat

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