Tag Archives: hailo

Mobility As A Service will Drive Carmakers Business, Not Pushing Metal

The future of selling cars is bleak. At least that’s what the leading car makers seem to believe, because they are frantically gobbling up alternative mobility businesses. The latest move came as Daimler AG, the company that owns Mercedes-Benz, bought 60% of Hailo. As the clever name suggests, Hailo provides ride-hailing services. It operates in the U.K. and Ireland. This idea of Mobility-as-a-Service (MaaS) is

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Daimler’s Blacklane is Expanding Globally

The German car-booking service Blacklane has raised its largest-yet financing round, in an eight-figure Series C round. What’s particularly interesting about this round is that it was led by existing investor Daimler, which wants Blacklane to expand its global business. Daimler (or more specifically its Daimler Financial Services business) is very active on the mobility services front at the moment.

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Daimler’s Mytaxi Is Merging with Hailo to Take On Uber in Europe

Daimler’s Mytaxi said it will merge with British rival Hailo in an all-share deal, creating Europe’s largest smartphone-based taxi-hailing business. Unlike U.S.-based ride-hailing startup Uber, which established itself to compete against taxi companies, the new company will operate using taxi firms. “It’s a paper deal. Daimler will own 60% of the new entity and the stakeholders in Hailo will own

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