Tuesday, October 4, 2022
HomeDigit NewsNow everything is official: Citymobil is being sold, but the service continues...

Now everything is official: Citymobil is being sold, but the service continues to work

AT confusion with today’s “closure” of the Citymobil taxi aggregator, certainty has appeared. The information was published by the press service of Sberbank.

Recall that at the moment Citymobil is part of the O2O holding, a joint venture between VK (the former Mail.ru Group) and Sberbank. At the end of March, the Citymobil team announced the closure from April 15, 2022. However, today, instead of disabling the service, the Citymobil application updated for Android and iOS platforms marked “Everything works. Let’s move on.”

As the press service of SberBank has now reported, the management company People & People (Gruzovichkof and Taxovichkof belong to it) has concluded a deal with the O2O holding. As part of the deal, People&People will acquire a portion of Citymobil’s assets.

The companies have now signed legally binding documents for the sale of Citymobil’s assets. The amount of the transaction was not disclosed, it covers the technology platform, brand and customer acquisition channels. The transaction is expected to close in the second quarter of 2022.

The press service noted that after April 15, the application of the Citymobil service and the Citystart driver application will continue their work. Some Citymobil employees may move to the acquiring company, they will be offered new positions in People&People.

It is planned that the transaction will allow Taxovichkof to increase its share in the market of taxi aggregators and expand the geography of its presence, including all million-plus cities in Russia.

The legal entity City-Mobil LLC will be closed. Citydrive carsharing and the fuel platform will continue to operate as part of the O2O holding.

- Advertisement -


Two Wheeler


Digit News