Uber to buy UK taxi tech firm Autocab
Uber said on Thursday it was buying the British tech company Autocab, which sells booking and dispatch software to private hire firms, in a move that will allow the taxi app to reach customers where it does not currently operate.
The Silicon Valley-based firm said the acquisition will allow it to link people who open their Uber app in locations where it does not run, with other providers, starting in Britain but with other countries also in mind.
The companies did not put a value on the deal or detail how the arrangement would be monetised for Uber.
Uber said it will also look into additional ways to boost revenues linked to its platform for services such as delivery.