Uber plans to acquire Germany's premium chauffeur services startup Blacklane
Uber is set to acquire German premium chauffeur service Blacklane. Sources suggest the deal is nearing completion. Blacklane, founded in 2011, operates globally and has major investors. The acquisition could significantly expand Uber's premium off...

The contract is close to being signed but the exact details are not yet known, added the magazine.
Major shareholders in Blacklane, which was founded in 2011 and operates in over 40 countries, include Mercedes-Benz and the family office of German billionaire businessman Carsten Maschmeyer, it reported.
Uber and Blacklane did not immediately respond to emailed requests for comment.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.