iCabbi plans new European expansion as it wins major contract in Nordics

The move will see a significant increase in iCabbi’s presence in Finland, where it already serves 20 per cent of the Finnish market. The company is also planning to enter more European markets in the coming months, with the Netherlands and Italy first on the list.

“By entering a partnership with iCabbi, Cabonline benefits from a market-leading solution, accelerating our growth journey and taking a big leap towards becoming Europe’s leading and most sustainable mobility companyThe Irish company recently announced it had hit a major milestone, exceeding one billion bookings on its platform earlier this month.

Founded in 2009, Irish-headquartered iCabbi provides dispatch management software that can be used by taxi fleets and private hire operators, allowing them to compete with platforms such as Uber and Lyft. It currently powers more than 100,000 taxis around the world with a passenger app, driver app, business solution, payment console, open API and marketplace.

In 2018, a subsidiary of French car maker Renault took a 75 per cent stake in the company, and iCabbi is now part of the Mobilize Group. iCabbi currently operates in Ireland, the UK, the USA, Canada, Brazil, Australia, New Zealand, and Finland.

Source: News Formal (newsformal.com)

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