Daimler buys majority stake in ride-sharing firm Hailo

Hailo set to be merged into Daimler’s own ride-sharing network MyTaxi

Hailo have announced that the German brand, Daimler, has bought a 60% stake in their ride-sharing firm, with plans to merge it with MyTaxi.
This announcement puts market leaders Uber under threat once again from the competition, as Daimler confirms that they have bought a majority stake in rival company Hailo.
Daimler plans to take Hailo’s assets and merge the company with its own fast-growing ride-sharing platform, MyTaxi.
This merger will turn MyTaxi into one of the biggest ride-sharing networks across Europe. However, it will still be a long way behind the massive global range of the app-based taxi cab hailer, Uber.
The investment by Daimler, who also own Mercedes-Benz, is one of the latest to come from carmakers looking to get involved in the future of ride-sharing and mobile phone-based transport services.
Toyota have invested in Uber in the past and now BMW, GM, JLR and the VW Group are ready to get involved in the car-sharing market also.
At the moment, Hailo has just seventy-five staff at their UK-based outfit but a big part of the operation will be moved to Germany.
The goal for MyTaxi will be to rival their biggest competition, Uber, by offering a workable alternative for car owners in the towns and cities, as well as running a traditional public transport service.
If you would like to know more about Flexed.co.uk ‘s car leasing services, please click here.

Find out more about our car leasing services and fantastic offers for both Business and Personal use. Give us a call today on 0800 311 8290.

Other articles

Quick Quote

Use this form or call our team on 0800 311 8290.