“Yes Indeed” is the first collaboration between Drake and Lil Baby. It was premiered by Lil Baby himself on April 6, 2018, at Atlanta’s Empire Lounge. The song was originally thought (by fans) to be titled “Pikachu” or “No Keys,” but it was officially released under the title “Yes Indeed.”

The track was played in full on Episode 62 of OVO Sound Radio on May 12, 2018, during Oliver’s set and officially released on all streaming services on May 15, 2018.

The song appears on Lil Baby’s album, Harder Than Ever.

On an episode of Genius' series For The Record, Baby said the Pikachu reference was inspired by Drake’s yellow Ferrari:

He got a yellow LaFerrari, a Ferrari. So I was like, ‘Yellow Ferrari like Pikachu.’ But I was talking about his car. And we went on with it.

The single’s cover, a re-elaboration of the Ferrari official logo, recalls the theme present in both Drake and Lil Baby’s verses.