Renault: RCI Bank takes 75% stake in Icabbi
(CercleFinance.com) - Renault today announces that its subsidiary RCI Bank and Services has taken a 75% majority stake in iCabbi, the dispatch management company for the taxi and PHV automobile fleets.
Founded in Ireland in 2010, iCabbi technology is used by 70,000 taxis and PHVs worldwide. Its platform currently manages over 3.5 million rides per week.
“The acquisition of a majority interest in iCabbi is part of RCI Bank and Services' goal of becoming a service provider for mobility professionals.”
“With more than 300 million rides managed since its creation, iCabbi has very good knowledge of the market, which will help us continue to develop its business in line with Groupe Renault's objectives,” says Bruno Kintzinger, Chief Executive Officer of RCI Bank and Services.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
Founded in Ireland in 2010, iCabbi technology is used by 70,000 taxis and PHVs worldwide. Its platform currently manages over 3.5 million rides per week.
“The acquisition of a majority interest in iCabbi is part of RCI Bank and Services' goal of becoming a service provider for mobility professionals.”
“With more than 300 million rides managed since its creation, iCabbi has very good knowledge of the market, which will help us continue to develop its business in line with Groupe Renault's objectives,” says Bruno Kintzinger, Chief Executive Officer of RCI Bank and Services.
Copyright (c) 2018 CercleFinance.com. All rights reserved.