Uber is acquiring Berlin-headquartered startup Blacklane, a firm that offers on-demand, premium vehicle and driver services, as the mobility service behemoth extends deeper into upscale and executive travel solutions.
This marks a significant acquisition outcome for Blacklane, which was established in 2011 and has, up to this point, attracted over $100 million in capital from investors including vehicle hire firm Sixt, Mercedes-Benz, and ALFAHIM, a diversified group based in the UAE.
Uber stated that the transaction still requires official clearances, but anticipates its conclusion by the close of the current year. The monetary details of this agreement were not revealed by either company.
This takeover happens only weeks subsequent to Uber’s unveiling of Uber Elite, a new service that merges private driver offerings with a suite of premium amenities such as onboard comforts, terminal greeting services, and round-the-clock telephonic assistance. Uber Elite is commencing modestly, initially confined to Los Angeles and San Francisco, with New York City forthcoming. Blacklane, conversely, maintains a presence in principal metropolitan areas throughout Europe, the Middle East, Asia, South America, and North America.
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