Africa 31.5.2018 09:55 am

Estonia’s Taxify steps up global fight against rival Uber

Daimler is adding Taxify to its investment portfolio.

Estonia’s Taxify is set to step up its fight against global rival Uber [UBER.UL] across Europe and Africa after raising $175 million in funding from a group led by German automaker Daimler (DAIGn.DE), Reuters reported.

Daimler, already a majority owner or significant investor in a string of online taxi services across Europe and the Middle East, is adding Taxify to its investment portfolio, the two companies said in a statement on Wednesday.

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