The deal will expand Uber’s offerings targeting business executives and wealthy consumers, a fast-growing segment of the business, the company said in a statement on Monday. The transaction is expected to close by the end of 2026. Financial terms were not disclosed.
Competition is heating up at the luxury end of the ride-hailing market. Uber just a few weeks ago introduced a new chauffeur ride option called Uber Elite. Last week, London-based Wheely, which specializes in serving business elites ...
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