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July 26, 2016 09:11 am GMT

Confirmed: Hailo sells 60% of company to Daimler as it merges with MyTaxi

Screen Shot 2016-07-26 at 10.00.04Some more movement and consolidation is afoot in the on-demand transportation industry, specifically in Europe. Today, Hailo is announcing that it has sold 60% of its company to Mercedes-Benz owner Daimler, and Hailo will merge its and rebrand its operations underMyTaxi, another on-demand ride-sharing company that was acquired by Daimler subsidiary Moovel in 2014as part of a larger move… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WAOrmLEJLlc/

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