The TNC plans to use the new money to roll out its service in more cities worldwide, invest in R&D, and improve safety.
The Japanese company stands as Uber’s biggest rival globally, holding shares in many mobile on-demand car service apps around the world.
Sollers JSC Automotive Group has been commissioned as the builder for new business and luxury-class vehicles for the administration.
The Uber CEO and its local operating unit have been charged with violating laws governing public transportation.
After more than 60 fines issued, the minister of transportation says the TNC’s business model is illegal in the country.
The limo industry’s largest global gathering will meet at the Venetian & Palazzo Resort Hotels & Casinos, March 16-18 in Las Vegas.
DEC. LCT: Ground transportation may be local, but international business connections can make chauffeured service profitable worldwide.
DEC LCT: The continent sees more TNC competition and the end of auto manufacturing, but affiliate business is growing.
DEC. LCT: Vancouver is unusual in that it has banned Uber and TNCs, ensuring that limousine companies can prevail.
DEC LCT: The chauffeured transportation market across Mexico has improved its quality of service for a larger global clientele.