Just days after MyTaxi debuted in the US in a broadside against Uber, more moves in the car sharing sector as Taxi Magic looks to boost its high-end product by enhancing the back-end.
In other words: the RideCharge-owned business this week acquired Aleph Global, a automated dispatch tool for the black and luxury car sectors.
Terms of the deal were not disclosed, but an agreement was reached between the pair in early-August this year which will see a transaction payable in cash and equity in RideCharge.
The system, which allows for online reservations and billings technology to work on luxury vehicle services is claim to be used by more than four of five black car service companies (limos and chauffeured vehicles) in the New York Metro region alone.
Chauffeur-driven transportation, more often to and from airports and hotels, is estimated to be at the $10 billion level in the US alone.
Many predict, however, car sharing and the rush to push existing taxi services onto apps and other platforms is the next battleground in travel distribution.