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Cabify

From Simple English Wikipedia, the free encyclopedia
Cabify
Company typePrivate
IndustryVehicle for hire
Founded2011
FounderJuan de Antonio
Headquarters
Number of locations
40 cities
Areas served
Key people
  • Juan de Antonio Rubio (CEO)
Number of employees
1200 (2023)
Websitecabify.com/en

Cabify is a Spanish ride-hailing company. It offers ride-hailing through its mobile smartphone app. The vehicles are driven by autonomous service providers.

Cabify operates in Spain, Colombia, Argentina, Paraguay, Peru, Chile, and Uruguay. The company offers two services: one for businesses and one for individuals. Previously, it also operated in Portugal,[1] Mexico, and Brazil.[2]

Overview

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Cabify was founded in May 2011 by Juan de Antonio. It raised a total of $304 million in investment funding. In January 2018, the company confirmed global growth of more than 500% compared to 2017.

Initially, the service was called Ejecutivo (Executive). It was aimed at a specific group of people, with high-end vehicles that were slightly more expensive than taxis.

Cabify functions as a point of contact between users and private drivers, through the mobile application available for Android and iOS, as well as on its website. Drivers pay to belong. Customers pay for the service through their credit card, PayPal account or in cash. The payment system is protected by Symantec Verisign.

Cabify offers different vehicle options for any private driver who signs up. In addition to its main services, Cabify offers other services depending on the city where it operates. For example, in Spain, you can hire taxi drivers, rent electric motorcycles or WiBLE electric cars. Cabify offers a transportation option for people with disabilities.

References

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  1. "Cabify smartphone taxi service quits Portugal". Portugal Resident. 25 November 2019. Archived from the original on 21 August 2023. Retrieved 21 August 2023.
  2. "After 5 years, Cabify to shut down operations in Brazil in June due to profitability problems". LABS - Latin America Business Stories. 23 April 2021. Retrieved 21 August 2023.