Daimler increases stake in Uber-competitor Blacklane  [ Germany ]

Daimler AG announced on August 1 that it is continuing to increase its stake in Blacklane, a professional ride service that rivals Uber. During the recently completed financing round, Blacklane received an eight-digit amount that it will use to further expand its global business, though details of the transaction remain confidential.Klaus Entenmann, CEO of Daimler Financial Services AG, stated,...
<Aug 04, 2016>