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Monday, September 29, 2014

Daimler Enters the Ride-Service Application Market

Daimler, the manufacturer of Mercedes-Benz vehicles, has bought two smartphone applications designed to help users obtain car services. The company’s moovel subsidiary purchased mytaxi, which lets smartphone users hail a cab, track its progress, rate the service, and pay for the ride. moovel also bought RideScout, which helps users find ways to get places using public and private transportation, including car-sharing services. Previously, moovel invested in Blacklane, a limousine-booking service. It also owns car2go and Park2gether, a service that helps users find vacant parking spaces. Daimler, which manufactures cabs, says its new applications will not disrupt the taxi industry. (Reuters)(The Wall Street Journal)

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