And in many metropolitan areas you do see a push for Public Transportation and higher tariffs parking terrace for the car where do you how far do you think the quest for share the Public Transportation can go and do you think people will ever in bigger cities will they ever give up car ownership and would that be good for users so i think what you describe is very true in cities when you talk about like very short distances reve in cities and clearly i think eventually youll see less and less cars in paris you know in the center of the city is just a matter of time. Interest all over europe of private cars journeys between. 600 kilometers corys stable going so she the car over the last 20 years as not been replaced by trains or buses because the reason people do score between cities is because the car is the only like universal can. Exactly from where you want to go to do exactly where youre going to where you want to go and thats where you always find that in most countries in europe and russia i think its about between 60 and 80 percent of journeys between 10600 kilometers. 10 years or something 20 years ago the 1st victims of blah blah are expansion they usually bus lanes especially. Once and i mentioned before that last year you made an interesting it position. Company is that something that. Other countries and what is their rationale of that is very the acquisition in force is very very specific to the french and German Market to the french and German Market. Until essentially 5 years ago when the market liberalized. If you think of that we created. In france and germany before the Bus Companies existed both came along both market share really shows that youre killing buses because thats contradictory example where buses came into force and germany and grew market weve buses. Trains. You know other markets like brazil or many other markets where we operate there were buses before we arrived. The reality is we take there you need to market. Because people tend to use Something Else but the. Proximity because they find a car but even from the right side of town know that does the right detour in the countryside or a small city and we tend to actually work weve Bus Companies and aggregate Bus Companies. In russia is a good example i think we had. A difficult start with Bus Companies because. There are a lot of complaints from companies about your surface online i mean they that they dont appreciate your business you have is changing their ip. Years ago yes even we had 2 suits but we were. On for a competition of core putting and we would. Dialogue as companies and i think most of them actually understand that we serve a slightly different need that we also becoming like a very strong online Distribution Platform and today we have over 400. That we contracted essentially distributing. So they realize that we bring additional do additional passengers i heard you say on many occasions that one of the Biggest Challenges for you in growing the markets is establishing the trust between the driver and the passenger that they can actually share that journey together that its safe and from many social studies we know that russia and ukraine the way your growth has been the nominal the level of social trust isnt one of the lowest in europe how do you explain the success here. Its really interesting like we. Rush. Brazil to some extent. We seem like faster with. Lower cost of marketing. It was a mix of probably the transport network because it was a big countries the transport network was not as functional dysfunctional. Germany where you have like a very decent system and train system historically. Gaps where you have lots of connections that where you know its very functional and then from a trust point of view what weve seen in both countries is actually the barrier was you know sons at the rate things we built in the community were 2 and then youre right the driver and driver is going to right back the passenger was creating a lot of trust in europe we see that you need to create a big. Like i did and very few occasions an online payment that were less required in markets like russia and ukraine and brazil you know many people are asking whether the. Measures the security measures that in this markets were enough because last year here in russia we had a case of a mentally disturbed serial killer and using your service to create fake accounts and to kill a young woman and a mother of 2 children i know that you said that you were going to introduce passport checks in response to that incident but you gave yourself 2 year is arent 2 years i know fully a long time in this kind of business. It was horrible and we dont build the business of it. For us and safety was like the starting point of the like or if you think of how people did he try king back in the days there was no trust layer whatsoever so we could need to you need to sign up you need to create an account with your account to a mobile phone number eventually all the time and we progress into work we do id checks which we did not rule out in response to an event actually because we started i did check in other countries long before and its just a matter of putting that in place i did check so hard to do by the way that you have them for example in india if im not mistaken and you had them from the very beginning why it was that the number concern in this kind. Of implementation was a challenge because i dont think we can shake and control you need like a. Government database on that its not a level Playing Field some countries and you can do that very easy to some countries its very complex. Unfortunately in countries like russia its been ruled out and implemented a year ago we launched. Cruise to have a 1000000 people so 400000 users and were going to continue doing that. The next step is also online payment online payment is going to help the word trust and reliability by the way because you have a financial commitment you get to the core as a passenger but enables better tracking so today i think we have strong users. Moderation of the community. In the case you mention they should the person who was found because we can track back so there was no fake account. He created his accounts with. Phone numbers we were registered in a different name so in a way it was if they work out something yes you know its something we been able to track and thats why you would sound overwise you would not be found but but perfect at the end of the day weve been improving and improving trust and safety and to some extent people thats because like you when youre good enough never have you. Back after that incident because it was widely publicized on russian social media and i know from personal stories that many of my friends are now much more has it and about using your service as opposed to lets say or. All the services where you think. You interesting. Before we launched in india for example. Air b. N. B. In some cases and so on i think at some point point you can perfect information where you control everything so what weve been. Doing is how do we keep on improving and adding layers and layers forcing people to go through everything because of the whys so its going to be a problem if you ask people to give legs a passport an id and so on it never works we have to take a short break now but we will be back in just a few moments. Birds or head. Far behind or the feel good percentage. Of our group. Of it is that you. Just did a commercial good. Medical to move. Them in a few fish you know not just because. They are the house of. God since we. Need. To me though need. Any. Kind of system definition in. The midst of them run them shithead. You know world of big partisan movie lot and conspiracy its time to wake up to dig deeper to hit the stories that made history media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the bath and shouting past each other its taught for Critical Thinking its time to fight for the middle for the truth the time is now for watching closely for watching the hawks. Its hard to take some from somebody if you know have some to replace. The want to do this interview today i dont use market hoping that they take me. Off the area. So how can i tell you stop selling drugs if will has some to put the money in it back. Then just me all the way in life its almost been basically mccullers peaceful for smokers do you guys know what secret me security positions ive been in that. Jacked me again. You see people get all their cars and ill see you coming in the harness seems like theyll hurry up and run into the house like they dont want to they dont want to talk to your get your mail or anything like that. I just want to go. And do this. But just try every day. I mean there now its a some give me. Welcome back to worlds apart. See your. Car before the break we were talking about the. Growth in this country 70 percent per year if im not mistaken and that naturally the trucks a lot of attention. A few years ago the russian authorities already and they were going to tax the Ride Sharing Services and it was. After the intervention of the french finance and the economy minister that this initiative put on hold you seem to have a pretty strong lobby a for a private French Company dont you. Think is right sharing is often confused or pooling the needs of cement you have right sharing as a right sharing which is what. Those companies are doing and you have core putting which is private sharing the core and sharing of cause between cities. In most countries. Some level of regulation and then we worked on improving the regulation to define what hes putting in and most important you would call sharing so what is the definition of like you sharing the cost of the journey you would do it anyway so in europe i would say were pretty far in the process you know washoe its a process we started like a year and a house and 2 years ago now i would sort of any regulation. Taxing the money you would essentially sharing the cost of driving your vehicle is nonsensical because there is no profit being made so its always been or. In russia i think it was always understood the whenever we talk to regulators in russia the concept is i really want a regular. Defined i really want to go back to that issue but before we do that. I have a sense that you do have a certain protection of the state authorities but. At least. Some kind of environment distinguishes you from other companies and my suspicion is that because you are a major french star can i ask you straight do you think you have any backing any lobing from the french authorities when it comes to the russian regulation because there are many attempts to undermine your business here through courts through complaints through appeals to the Prosecutorial Office but youve always been spared as you said you are now part of a major government efforts you drive the legislation and that doesnt happen in russia way too often when business is directly involved in drafting Something Like that we know is driving it obviously weve been doing it in several countries to you its pretty logical that you get involved i mean for the regulation to to make sense. The relationship with the french government we have known actually i mean you we have the same relationship we have in every country right now is drafting like a new. You we have to spend a lot of times explaining what we do and what we dont do should be regulated it is normal business everywhere but youre not feeling any support any particular. Was. There and its true in most countries and i think one of them is the. Of what we do you know you talk about 20000000 people using the service. Its extremely hard people save money. On the on garment disposed of externalities on the social benefits because you people meet and so on so. Please feel lucky that we do something that makes sense for society make sense of the environment were people in cities and save me. And yes it helps you because its common sense whenever regulations being built i think we have. A sensible and realise that it would make no sense to prevent people from doing Something Like that the question is more like how do you define the boundaries of was call sharing whats not go sharing which is what we would be building right now. Long argued that this is not a tax a Surface Service therefore participants particularly the driver should not pay taxes given that the euro branching into. In france and potentially elsewhere is that still a valid argument because for many of your interviews i get a sense that you actually want to be a platform on marketplace for both paid and on paid services how do you make sure the well being seamless for your consumers who are not also being used as a means of tax evasion. Sure when we do buses its a very different matter so when we do buses in false its a professional sort of these. Transport and in that sense its taxed as in the transport company when we do corporate putting you have a driver sharing a cost which means the number of passengers you can carry is limited the maximum amount you can passenger and then you even core putting on the supply side whos providing the ride we have to complete different business is today to the point where youve been in france its 2 separate Companies One is. Just something in russia we got to work with like professional suppliers providing a bus service on the other side of the core putting service which is do you. See the difference between the 2 because always there are people in the Texas Service and in russia is a pretty America Service there are always people who are trying to gain and to get an unfair advantage do you always see. In that case for us its extremely clear and then its down to defining a properly good. But markets where its well defined and shes very simple just like the price you can collect as a driver which is defined. As an example. If you make more than 45. 00 pounds per mile cost you making money. As a transporter you make less than 45. 00 pence per mile then you sharing the cost of motoring says. So we apply that in every market. Is very clear let me give you one interesting example from the south of russia recently when there blah blah car customer arrange a ride within the cities and when he showed up at the Meeting Point he was shown into a diesel locomotive the Service Provider charged him a certain amount delivered this service but i think thats a beautiful example of what you would call intern mentality but. Its questionable both from taxation and Security Point of view. When you work with the governments how do you think they should crow is the question of whether their societies are ready for the kind of shared billeted want to provide. The example you give i mean i would say we also we have like your example of people who manage somehow to bypass the platform and so what we do is we use and we were building a. Road after that the concept of actually sharing platform where drivers share the ride. We can all that is the concept of the consumer marketplace we can all go and shake every car so essentially we built a community a ratings and we built a reason to see you. So in that case the president is going to say its not a car and then you we can. Give you one that bring in the additional modes of transportation you do not limit yourself to a car do we do but knowingly which is very different from. What you describe is more like an outlier type story out of millions of. You know foray into russia began with the acquisition of a Ukrainian Company arrived in the midst of 2014 which happened to be a very difficult and traumatic year for both russia and ukraine if you had to do that all over busy again what do you have taken the risk. Years because we. Are Ukrainian Company or Russian Company time it was that was not the. Form but something 3000 people. In ukraine were actually doing core putting. In both countries so it was important for us was the point it can work in. We can work in ukraine. Take time machine and we were just in europe and that was the 1st time we. Were sort. Of this company taking off was the proof that it was universal. Pretty much everywhere we went we found some cultural changes its pretty universal there are cars everywhere cars are more listen to you everywhere and if you built a good product of Good Quality Service you can you and our people to share the car at the terror you made the ukraine and acquisition. That the Ukrainian Company as far as i know was involved in some trans border rides do you still do that. Between russia and ukraine. We. Across borders. But back then it was no drink because it was very tiny it was. Like 30000. Have only 45 i mean people go back and forth there all the time and theres actually a huge demand because according to official ukrainian figures around 3000000 ukrainians. Are doing their regular bases between the 2 countries and the traditional modes of transportation are hindered because of the political situation do you think you should actually is there a Business Opportunity there for you or you would be more a sort of political symbol in this. Country except maybe countries like belgium across borders very dont you for us to stick to the like hes very. Close border speaking about politics there was another interesting case. Involving blah blah car this time in the ukraine a when the driver and the passenger got into a heated argument about politics and the driver of a certain point decided that the journey is still being. A passenger by the side of the growth i wonder if there is any atika what kind of blah blah you are supposed to have in the cars sport of almost like the adventure of the social experience so the reason you have blah blah blah blah blah blah is the birth of the name blood corys mood of the time of the better car youre going to have discussions. Again 99 percent of the time people tell us and we have lots of that we get. They come back and reached for his experience because. These 2 also got in. Perhaps maybe. Story though i mean i do a lot of right so i do a lot of. People have different opinion you know world where you live in a social bubble. Your social media whatever you would be and you believe that everybody is the same way i think its quite refreshing actually that you take a car people have different political views different view of the world that you dont even realize exist because on your facebook feed they dont exist anymore for some reason we bring people. To meet. Your destination because. People that. Transport which is discussing and. Yeah but i mean if one of them living in the other in the middle of the 4 is that its a liability for you as well is it not. People in the forest because their argument i think most of the time. I guess we would not have. The success we 20000000 people using it again that. Compliment of the service is a big plus. Minus. You always going to have stories beauty of life and people were people disagree on stuff and discussion on stuff now you are a Customer Service doesnt deal with people left on the road because they disagreed on the argument. They made friends. Like. The transport a new transport company does that for you. Good in that sense. We have to live there i wish you all the. Thank you. Same place thing. Time here on the well to part. Of. What is it going to coin is magic internet a new type of Digital Currency essential lies digital scarcity chancellor im bringing a 2nd bailout for bank thats called the genesis blog for reason to coin a civil disobedience a source of optimism because i can control my own financial destiny its just a new way of coming to consensus its a game changer in the Human History and this is columbus discovering the new world this Paradigm Shifting Technology that transforms economics and finance in a heartbeat the apollo 11 landing on to the max and stacey. We had one man 3540 years old. It all starts in the water. Some 30 fisherman this child later in his nets. I guess to some. Elements of all the while something and i. Was stubborn and hurt the most. I believe that this is one of the therapy is to laugh. Tama. Absurd really harsh things that happen in life. Ringback sometimes old shows were like a honeypot everyone believe that it was all on stable and on the reliable and russia but they thought that everyone was great over there russian businessmen wanted to do business in the west because they feared some could take everything away from them in russia which now is the opposite dave business is outside of russia were snatched pilasters frozen the old log now the student whine about. God. Was. There for. More. Than the stories that shaped the way care or not. U. S. President donald trump says he called off an air strike on iran because he doesnt want to kill anybody unless its absolutely necessary. I dont want to go on the radio. I dont want to go out of the body. That is why it is opposition parties accused of spending humanitarian aid on lavish hotels drugs and prostitutes and for our president Vladimir Putin spent on 3 questions from the public q. And a session covered domestic and international issues