Radar > 236826

Cabify arrives in Panama

Cabify llega a Panamá

Intel ID : 236826
Synopsis

Cabify, a Spain-based operator and developer of a mobile app to book luxury vehicles with a professional driver, launched operations in Panama, reported La Estrella de Panamá on 20 May, 2016, citing executive director for Latin America, Ricardo Weder.

Weder noted Panama could represent a strategic market for Cabify in the short term, given its high economic potential and opportunities in matters of mobility.

The Spain-based company already operates in Spain, Portugal, Peru, Chile, Mexico, Colombia, and Brazil, and plans to continue its expansion to Argentina and Ecuador.
(content in spanish)

Cabify, empresa española dedicada a la gestión de una aplicación móvil para contratar vehículos de alta gama con un conductor profesional, ha comenzado a operar en Panamá, ha publicado La Estrella de Panamá el 20 de mayo de 2016, citando al director ejecutivo de la empresa en Latinoamérica, Ricardo Weder.

Weder ha señalado que Panamá podría ser un mercado estratégico para Cabify en el corto plazo, dado su alto potencial económico y las oportunidades en cuestiones de movilidad.

La empresa española ya opera en España, Portugal, Perú, Chile, México, Colombia y Brasil, y planea continuar su expansión a Argentina y Ecuador.

Bidder


Intel ID 236826
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Cabify
(31 Dec 2021)
Revenue: EUR 136,23m
EBITDA: EUR 9,33m
Net Debt: EUR 203,40m
People: 424
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Technology and Telecoms / Technology (Primary)
Primary Sector (TTRSC)
35.10.12 Taxi & Limousine Services
35 Industrials / 35.10 Transportation & Logistics

Secondary Sectors (TTRSC)
15.10.05 Hospitality Services
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

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.