Yandex , Russia’s largest search engine, is expanding to Hungary with an app that promises to help users navigate Budapest’s public transport system, according to Bloomberg.
Yandex.Transport uses GPS to track buses, trams and ferries in real time, and estimates their arrival times, according to a statement Tuesday. The app, which has reached 2.9 million monthly users in Russia and former Soviet republics since 2014.
Yandex, which leads Google in Russian Internet search market share, is seeking to diversify into new countries and mobile services, including those based on geolocation, to keep growing in the future. The app started in Finland, its first non-Russian speaking market, in July and is getting traction there, according to Yandex.
In foreign markets where Yandex isn’t present as a search engine, it plans to monetize its app by connecting it to Facebook’s Audience Network and sharing revenue from ads shown to Yandex.Transport users, the company said.
European rivals include Israeli startup Moovit, Lithuania-based Trafi and HERE, the former Nokia maps unit acquired by German carmakers last year.
The Fédération Internationale de l'Automobile (FIA) has selected Siemens as “Official Digital Twin Sponsor”, as the global governing body for motor sport and federation for mobility organizations worldwide expands its use of Siemens software.
Deutsche Telekom launched a new independent cloud offering as part of a push around European sovereignty.
Infobip has surpassed 10 billion Rich Communication Services (RCS) business messages, delivered to consumers on its platform, marking a significant leap toward richer, conversational messaging.
