Uber to buy taxi tech firm Autocab to expands in UK

  • by Staff@ TSD Network
  • August 6, 2020
uber-to-buy-autocab

The U.S. based ride-hailing service provide Uber confirms on Thursday that it was buying the UK’s taxi tech firm Autocab to reach customers where it does not currently operate. Notably, the Cheadle Royal Business Park-based Autocab mainly sells booking and dispatch software to private hire firms.

The Silicon Valley-based cab aggregator informed that the acquisition will allow it to link people who open their Uber app in locations where it does not run, with other providers, starting in Britain and soon at other countries as well.

Regarding this deal, Uber’s Northern and Eastern European head Jamie Heywood said that;

“Autocab has worked successfully with taxi and private hire operators around the world for more than thirty years and Uber has a lot to learn from their experience.”

Interestingly, Uber also expressed its intention to look into additional ways to boost revenues linked to its platform for services such as delivery, etc.

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Staff@ TSD Network

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