Daimler acquires majority stake in French Uber competitor

Daimler has acquired a majority stake in Chauffeur Privé, a French app that provides ride hailing services in Paris, Lyon and the Côte d’Azur (via Tech.eu). The ownership stake means that Daimler now has controlling interests in a number of smaller Uber competitors, particularly operating in Europe and MENA, including MyTaxi and Careem. The automaker also intends to complete its… Read More