A PYMNTS Company

UK: Ride-hailing Taxify suspends service after 3 days

 |  September 10, 2017

Uber rival Taxify has temporarily halted operations in London, the company said on Friday, September 8, after local regulator Transport for London said the new market entrant had failed to obtain a proper operating licence.

The Estonian taxi-hailing start-up, which is active in 25 cities in central and eastern Europe and Africa, this week launched private hire taxi hailing services across London.

Transport for London (TfL) confirmed it was investigating the company, saying it was not licensed to operate.

“Taxify is not a London licensed private hire operator,” a TfL spokesman said in a statement issued on Thursday. “We are urgently investigating the nature and extent of its activities and will take action where appropriate.”

Taxify said it had signed up 3,000 drivers and had 30,000 customers download its ride-ordering app in its first three days of service. The company said it looked forward to discussions with TfL to resolve the issue.

Full Content: The Next Web

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.