Mailru acquired a controlling stake in YouDrive.

Mailru Group, a Russian Internet company, acquired a controlling stake in YouDrive, a transportation service platform. YouDrive will use the raised funds to drive organic growth. The company will continue with data mining and focus on improving fleet efficiency. Technology remains a strategic priority for YouDrive, and the parties are planning on bringing in MRG Tech Lab team. Financial terms were not disclosed. Boris Golikov, co-founder and CEO of YouDrive, says: “YouDrive has been created to be a smart car sharing and transportation services platform. We are delighted with the opportunities that are opening up to us now in this field. I am confident that together with our partners we will be able to achieve our ambitious goals. Our key focus will be on data mining and developing new services available through our application in order to find the balance between fleet efficiency and user-friendliness.”