mytaxi acquires taxibeat, the leading taxi app in Greece

Deppy on 16 February, 2017

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  • mytaxi, Europe’s largest taxi e-hailing company, acquires 100% of Taxibeat, the leading taxi app in Greece
  • Further investment in international expansion
  • Greece becomes the tenth European country in which mytaxi operates
  • With the Taxibeat acquisition mytaxi grows to 108.000 registered drivers and over 7 mio customers

Hamburg / Athens, February 16, 2017 – mytaxi, Europe´s innovative leader in taxi e-hailing, announced today that it has acquired a 100% holding in Taxibeat LTD, the operator of the popular taxi booking app Taxibeat in Greece. With this acquisition, mytaxi has consolidated its presence in the international mobility market and strengthened its position as Europ’s leading taxi e-hailing company. The parties agreed not to disclose the details of the acquisition.

Taxibeat was founded in 2011 by Nick Drandakis and operates in Greece and Peru.
In Greece, Taxibeat has 8.000 registered taxi drivers, around 540.000 customers and operates in two cities (Athens, Thessaloniki). Taxibeat in Greece will be integrated into the mytaxi platform in the coming months and will be re-branded into mytaxi.

Through the purchase of Taxibeat, mytaxi plans to accelerate 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 100.000 registered drivers and an availability in more than 50 cities in nine European countries, mytaxi is the frontrunner in the field of taxi booking apps. Greece will become the tenth country in Europe in which mytaxi operates.

“We are very pleased to welcome Taxibeat as the latest member of the mytaxi family”, says Andrew Pinnington, Chief Executive Officer at mytaxi. “We are very impressed with the success of Taxibeat in Greece and we believe that Taxibeat is a perfect fit for mytaxi. With the acquisition of Taxibeat, we are investing in the development and growth of urban mobility in Europe. The acquisition is another strategic step in making mytaxi the biggest, best and most loved taxi provider in Europe – providing everyday magic to millions of Europeans. As we have mentioned before, we will achieve our ambitious goals in many different ways, whether that be through organic growth, partnerships or further merger & acquisition activity.”

Klaus Entenmann, CEO Daimler Financial Services: “mytaxi is a fundamental component of our mobility strategy. Daimler’s subsidary mytaxi underscores our ambition as a leading provider of digital mobility services.”

Nick Drandakis, founder and CEO of Taxibeat, said: “Today is a great day for Taxibeat. With mytaxi, an established and respected pioneer in the field of taxi ordering apps, we found the ideal partner for Taxibeat and our team. We share the same visions and a burning passion for the issue of new and advanced mobility concepts. We look forward to further innovative mobility solutions as we provide compelling offers for both drivers and passengers.”

 

About mytaxi
mytaxi is a product of the Intelligent Apps GmbH and was founded in June 2009. The German based mobile App mytaxi is the worlds´s first taxi app that establishes a direct connection between a passenger and a taxi driver. With over 10 million downloads and 100.000 registered taxi drivers, mytaxi is the leading taxi e-hailing app in Europe, available in over 50 cities in nine European countries. With around 300 employees, mytaxi is spanning across Germany, Austria, Poland, Spain, Italy, Portugal, the UK, Ireland and Sweden. Since September 2014, mytaxi is a subsidiary of the Daimler Mobility Services GmbH (part of Daimler Group). In July  2016 mytaxi announced the 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. CEO of mytaxi is the former CEO of Hailo, Andrew Pinnington. More information is available at www.mytaxi.com

 

About Taxibeat
Taxibeat creates a new transportation experience in the city by connecting thousands of passengers with available professional drivers nearby. The company was founded in January 2011 and it is available in Greece and Peru. Τhrough the app, you can reach a great number of drivers, on demand, 24 hours a day, 365 days a year, with no extra charge. Taxibeat not only moves passengers around, but items too. Taxibeat Boxi is a door-to-door service, for direct shipment of items within the city, either with taxi or bike. More information is available at www.taxibeat.com

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