Today’s Deals – Uber rival Cabify raised $160M at a $1.4B valuation amid restructuring and CEO change

 Cabify, the Madrid-based startup that competes with the likes of Uber and 99 in Latin America as well as Spain and Portugal, has closed out another round of funding as competition continues to heat up in the on-demand transportation sector. Cabify’s parent company Maxi Mobility has raised $160 million at a valuation of $1.4 billion, the company confirmed to TechCrunch today. Read More

from TechCrunch

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: