We keep growing with 12 million more reasons

Thank you, your parents, your friends and everyone for their preference. We want to celebrate your preference by announcing something big that is happening: we keep growing in a very amazing way and now we have a new investment of $120 million dollars directed by Rakuten, Inc.

So we can keep growing across Latin America and Europe.

Rakuten has seen that we have had an unprecedented growth since their last investment cycle in July 2015 and has decided to do it again. We are now in 14 cities in Spain, Mexico, Peru, Chile and Colombia, but we will keep growing and reach many more cities.

“Cabify is rapidly consolidating its position with a very systematic and disruptive approach and Rakuten is passionate about empowering leadership in innovation. Cabify has an outstanding management team led by Juan de Antonio, whose vision uniquely places Cabify in a position to enter the next level of technological competition”. Oskar Miel also serves as a Board Director of Cabify.

“We aspire to be more than just a personal chauffer service” says Juan de Antonio. “Cabify will be a one-stop transportation platform for all value-added services across various customer types”.

More about Rakuten, Inc.

(TOKYO: 4755) It is one of the 20 most innovative companies in the world according to Forbes magazine, and, in matters of Internet services, they are the world leaders, offering a wide variety of services for people and companies focused on e-commerce, finances and digital content. It operates in Asia, Europe, America and Oceania. Its headquarters are in Tokyo, it was established in 1997 and it has more than 12,000 employees worldwide.

For more information visit rakuten.com.

Media Contacts: Rakuten, Inc.
Global Corporate Communications
Email: global-pr@mail.rakuten.com
Phone: +81 50 5817 1104