Radar > 239628

99Taxis and Easy Taxi are negotiating their merger

99Taxis e Easy Taxi estariam negociando sua fusão

Intel ID : 239628
Synopsis

Brazil-based companies 99Taxis and Easy Taxi, which provide online platforms for taxi requests, are negotiating their merger, reported Baguete on 15 August 2016.

The possible merger would be a strategic decision of both companies to restrain the Uber competitor in Brazil, the report noted. The transaction depends on an extra capital injection of USD 100m, to cover all the merge transaction, the report noted.
(content in portuguese)

As empresas brasileiras 99Taxis e Easy Taxi, que disponibilizam plataformas online para solicitação de táxi, estariam negociando sua fusão, segundo publicou o Baguete em 15 de agosto de 2016.

De acordo com a notícia, a possível fusão seria uma estratégia das duas empresas para conter o concorrente Uber no Brasil. E ainda segundo a publicação, a realização da transação depende de um aporte de capital extra de USD 100m, para custear toda a operação de fusão.

Target


Intel ID 239628
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
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Country
Region
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Geography
Subsector (Old TTR Sectors)
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Intel Grade
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Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Internet (Primary)
Services and Distribution / Transport, Aviation and Logistics
Primary Sector (TTRSC)
10.01.99 Other Business & Professional Support Services
10 Business Services / 10.01 Business & Professional Support Services

Secondary Sectors (TTRSC)
10.01.12 Security Services
10 Business Services / 10.01 Business & Professional Support Services

10.02.01 Advertising & Marketing Services
10 Business Services / 10.02 Marketing & Advertising

10.02.03 Outdoor Advertising
10 Business Services / 10.02 Marketing & Advertising

15.08.99 Other Personal & Household Services
15 Consumer Products & Services / 15.08 Personal & Household Services

25.04.02 Credit Collections & Related Services
25 Financial Services / 25.04 Other Financial Services

35.07.01 Agricultural Machinery & Equipment
35 Industrials / 35.07 Manufacturing

35.09.06 Parking Infrastructure
35 Industrials / 35.09 Transport Infrastructure

35.10.99 Other Transportation & Logistics
35 Industrials / 35.10 Transportation & Logistics

40.03.01 Browsers, Search Engines & SEO
40 Information Technology / 40.03 Internet, Software & IT Services

40.03.06 Hosting, Data Storage & Processing
40 Information Technology / 40.03 Internet, Software & IT Services

40.03.07 IT Consulting, Development & Outsourcing
40 Information Technology / 40.03 Internet, Software & IT Services

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Internet (Primary)
Services and Distribution / Transport, Aviation and Logistics
Primary Sector (TTRSC)
10.01.99 Other Business & Professional Support Services
10 Business Services / 10.01 Business & Professional Support Services

Secondary Sectors (TTRSC)
10.01.04 Equipment Leasing & Rental Services
10 Business Services / 10.01 Business & Professional Support Services

10.01.09 Intellectual Property Management Services
10 Business Services / 10.01 Business & Professional Support Services

10.02.01 Advertising & Marketing Services
10 Business Services / 10.02 Marketing & Advertising

10.02.03 Outdoor Advertising
10 Business Services / 10.02 Marketing & Advertising

15.05.04 Computer & Electronics Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

25.04.99 Other Financial Services
25 Financial Services / 25.04 Other Financial Services

35.10.11 Supply Chain Logistics
35 Industrials / 35.10 Transportation & Logistics

40.03.06 Hosting, Data Storage & Processing
40 Information Technology / 40.03 Internet, Software & IT Services

40.03.07 IT Consulting, Development & Outsourcing
40 Information Technology / 40.03 Internet, Software & IT Services

Country
Website
Description

Competitor

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Internet (Primary)
Primary Sector (TTRSC)
40.02.10 Logistics, Last Mile Delivery & Navigation Software
40 Information Technology / 40.02 Industry-Specific Software

Secondary Sectors (TTRSC)
35.10.12 Taxi & Limousine Services
35 Industrials / 35.10 Transportation & Logistics

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.