myTaxi
Daimler AG

Car2Go’s Parent Company Moovel Acquires RideScout And myTaxi

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German company moovel, which owns ride-sharing service car2go, has acquired two new transportation companies to add to its portfolio and strengthen its existing services, the company has revealed. Those include RideScout, an app which allows North American users to search for and compare time and costs across various ground transport options, and Intelligent Apps, the company behind mytaxi, a German Uber/Hailo competitor that operates primarily in Europe.

Moovel is looking to use both brands to add to its “family” of transportation apps, with RideScout operating as a subsidiary of Car2Go in North American, and continuing to operate over 300 partners for variety of choice in ride decision-making – though the Smart car powered ride-sharing service will probably feature prominently among its options.

Mytaxi is one of the first taxi-hailing apps, having launched in Germany back in 2009. The brand has attracted 10s of millions of downloads across its global footprint, but the acquisition will help moovel expand it further internationally. Mytaxi has yet to make major inroads in the North American market, despite presence in the Washington, DC area, and the bulk of its focus remains in Germany for now.

This consolidation of transport apps abroad resembles somewhat the acquisition spree going on in the food delivery startup space, and could make for some interesting action when the European conglomerates start facing off more and more against U.S. startups like Uber. Uber, for its part, faces a nationwide ban in Germany, which is mytaxi’s stronghold. Moovel is also a fully-owned subsidiary of Daimler, maker of Mercedes-Benz, so there’s some serious weight behind the brand in terms of traditional transport businesses.