Uber Acquires Blacklane to Expand Premium Chauffeur Services Globally
Key Takeaways
- Uber is acquiring Blacklane to bolster its premium and executive travel offering.
- Deal expected to close by end of 2026 with undisclosed terms.
- Blacklane operates in 500+ cities across 60+ countries, boosting Uber's premium footprint.
Uber Buys Blacklane
Uber Technologies has agreed to acquire Berlin-based chauffeur service Blacklane.
“Uber Technologies Inc”
The deal complements Uber's recently launched Uber Elite service.
Blacklane operates in more than 500 cities across over 60 countries.
Deal Details and Financials
Financial terms were not disclosed.
Blacklane has raised more than $100 million from investors including Sixt and Mercedes-Benz.
Blacklane's annual revenue run rate is around $286 million.
Strategic Growth in Premium Mobility
Uber CEO said premium travel is one of the most exciting growth areas.
“Quick Summary Uber is acquiring Berlin-based limo service Blacklane to bolster its premium “Uber Elite” segment”
Pre-booked Uber Reserve trips have become one of the fastest growing parts of Uber's mobility business.
Blacklane founder described the acquisition as a major milestone.
Expected Closing and Integration
The acquisition is subject to regulatory approvals.
Uber expects the deal to close by the end of 2026.
Uber plans to integrate Blacklane's service model and extensive network.
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