Tuesday
March 28
2023

Cabify Secures $110 Million In New Funding Round

By Jonathan Keane

Spain’s Cabify has raised $110 million in a new funding round as it expands in ride-hailing business.

The Madrid-headquartered company plans to invest the funds in expanding its presence in Latin America, the market that makes up the lion’s share of its business.

Photo courtesy of lisaaxv.

Source: Forbes (link opens in a new window)

Categories
Technology, Transportation
Tags
transportation