Uber rival Cabify has raised another $160M at a $1.4B valuation

 Cabify, the Madrid-based startup that competes with the likes of Uber and 99 in Latin America as well as the Iberian peninsula, has closed out another round of funding as competition continues to heat up in the on-demand transportation sector. Cabify’s parent company Maxi Mobility has raised $160 million at a valuation of $1.4 billion, the company confirmed to TechCrunch today. The Series… Read More

from TechCrunch http://ift.tt/2F1NVmO