Global ridesharing platform Uber has announced the acquisition of its biggest UK rival Autocab – a ride-booking app for independent minicab companies in cities across the country.
Autocab would remain an independent entity following the acquisition, with its own board of directors – but will have the use of Uber’s platform.
As part of the deal, Autocab would let make it possible to connect people with mini-cab firms in cities where Uber has no presence.
In total, Autocab’s platform has access to more than 75,000 vehicles in those areas, as Uber is only currently present in 40 UK towns and cities. Following the deal, Uber will now be available in more than 180 towns across the UK.
In a statement, Uber said: “Through Autocab’s iGo marketplace, Uber will be able to connect these riders with local operators who choose to take their booking. In turn, operators should be able to expand their operations and offer more earnings opportunities to local drivers.”