VC-backed Mytaxi and Hailo merge
European taxi e-hailing companies Mytaxi and Hailo are merging. No financial terms were disclosed. The newly formed company will be headquartered in Hamburg and run under the Mytaxi brand. Andrew Pinnington will become CEO. LionTree Advisors advised Hailo on the transaction. Hailo's backers include Union Square Ventures, Accel Partners, Wellington Partners, Atomico Ventures and Sir Richard Branson.
26 July 2016•4 mins read
