Comment on Daimler's mytaxi, British rival Hailo to merge

Daimler's mytaxi, British rival Hailo to merge

BERLIN (AP) — Daimler's mytaxi and British rival Hailo are merging to form Europe's biggest app-based cab ordering service. German automaker Daimler has invested about €500 million ($550 million) in mytaxi over the past years and is expected to pump more money into the business in a bid to fend off competition from the likes of Uber.

 

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