LONDON, June 23, 2017 /PRNewswire/ --
- mytaxi, Europe's largest taxi e-hailing
company, acquires 100% of Clever Taxi, the leading taxi app in
Romania
- Further strategic investment in international
expansion
- Romania becomes the 11th
European country in which mytaxi operates
- mytaxi grows to 120,000 registered drivers and over 7 mil
customers following acquisition
mytaxi, Europe´s innovative leader in taxi e-hailing, announced
today that it has acquired a 100% holding in Clever Tech, the
operator of the popular taxi booking app Clever Taxi in
Romania. With this acquisition,
mytaxi has consolidated its presence in the international mobility
market and strengthened its position as Europe´s leading taxi
e-hailing company.
The parties agreed not to disclose the exact details of the
transaction, but stated that the valuation was set at an 8-figure
number.
Clever Taxi, which was founded in 2010 by Mihai Rotaru and Alexandru Dumitru, operates in twenty major
cities in the country and has 17,000 registered taxi drivers and
around 600,000 registered customers. Since 2010 Clever Taxi has
provided more than 40 million rides in Romania making it the largest e-hailing app in
Romania. For the time being the
Clever Taxi brand will continue to exist, which means that Clever
taxi drivers and customers will be able to continue to use the
service as normal.
Through this strategic acquisition, mytaxi is accelerating the
international expansion of the taxi booking app in Europe. Launched in 2009, mytaxi was the
world´s first app to enable a direct connection between taxi users
and taxi drivers. With a global volume of more than 10 million
downloads, over 120,000 registered drivers and availability in more
than 70 cities in ten - soon to be eleven - European countries,
mytaxi is the frontrunner in the field of taxi booking apps.
Romania will become the eleventh
country in Europe in which mytaxi
operates.
Andrew Pinnington, Chief
Executive Officer at mytaxi said: "We are very pleased to welcome
Clever Taxi into the mytaxi family. As the first taxi app in
Romania with 17,000 drivers and
600,000 customers, Clever Taxi is the perfect fit for mytaxi. This
latest acquisition underlines our ambitions in the development and
growth of urban mobility in Europe. It is another step in making mytaxi
the biggest, best and most loved taxi provider in Europe - providing everyday magic to millions
of people across the region."
Klaus Entenmann, Daimler Financial
Services: "mytaxi is a fundamental component of our mobility offer
and its European organic and dynamic expansion remains a strategic
cornerstone of putting mobility at your fingertips."
Mihai Rotaru, co-founder and CEO
of Clever Taxi, said: "We are really excited to join mytaxi because
this acquisition will enable us to fulfill our shared vision of the
transportation market. Since 2010 Clever Taxi has been pioneering
how people get around in cities across Romania. mytaxi is the ideal partner for us
because we are both committed to investing in local markets and to
provide the safest, most reliable and legal form of authorised
transportation and to help people move around their cities more
freely through advanced mobility solutions. We look forward to
working with the team to develop further innovative mobility
solutions to both drivers and passengers.
We also intend to develop a local Research and Development
(R&D) centre in Bucharest to
provide mobility technology globally and hence we are currently
hiring in all aspects of business and technology."
About mytaxi
mytaxi is a product of Intelligent Apps GmbH and was founded in
June 2009; the world's first taxi app
that establishes a direct connection between a passenger and a taxi
driver. With over 10 million downloads and over 120,000 registered
taxi drivers, mytaxi is the leading taxi e-hailing app in
Europe, available in over 70
cities in ten - soon eleven - European countries. With around 400
employees, mytaxi now spans across Germany, Austria, Poland, Spain, Italy,
Portugal, the UK, Ireland, Sweden and Greece. Since September
2014, mytaxi has been a subsidiary of the Daimler Mobility
Services GmbH (part of Daimler Group). In July 2016 mytaxi announced a merger with Hailo,
the leading taxi app in the UK and Ireland, an important step to become the
leading taxi e-hailing app in Europe. In February
2017 mytaxi announced the acquisition of Taxibeat, the
leading taxi app in Greece.
Taxibeat will be integrated into the mytaxi platform in 2017 and
will be re-branded into mytaxi. CEO of mytaxi is the former CEO of
Hailo, Andrew Pinnington. More
information is available at http://www.mytaxi.com
About Clever Taxi
CleverTaxi is a platform operated by Clever Tech SRL and is the
leading e-hailing app of Romania.
First established in 2010, it launched in Bucharest as the answer to the common issue of
finding a safe available taxi in peak times in a crowded
metropolitan area, that co-founders Mihai
Rotaru and Alexandru Dumitru
solved using smartphone apps.
To date CleverTaxi has operated over 40 million rides throughout
the 20 cities it is available in. With 600000 users and 17000
registered drivers it the go-to transportation app when travelling
anywhere nation-wide.
Since June 2017 CleverTaxi has
been acquired by mytaxi, joining the largest European
transportation platform to date. CEO and co-founder of CleverTaxi
is Mihai Rotaru. More information
and a complete presskit is available on
http://www.clevertaxi.com