Briefing

Dublin cloud-based dispatch service opens office in Montreal after Téo Taxi reaches dead end

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iCabbi announced on Thursday it will open a new office in Montreal. The company, which provides cloud-based dispatch software for taxi fleets, hired 21 senior developers from Montreal’s ex-taxi service Téo Taxi’s R&D team, after the latter shut down in January. (The Logic)

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Talking point: While Téo Taxi’s business model—paying drivers above-average rates and using an all-hybrid fleet—was a factor in 460 drivers being fired, its service was well-received by customers. iCabbi plans to leverage the highly-rated passenger app, and the team that built it, in its own company. In an interview with The Logic, iCabbi CEO Gavan Walsh said integrating the company’s software into Montreal’s taxi fleet will improve riders’ booking efficiency and help the city’s traditional taxi service compete with newer players like Uber and Lyft.