MOBILIZE TECH COMPANY ICABBI ANNOUNCES A MAJOR EXPANSION INTO THE NORDICS WITH CABONLINE GROUP

iCabbi,a Mobilize Company powering over 100,000 taxis around the world, will soonexpand its operations into Sweden, Norway, Finland, and Denmark after winningits bid to provide taxi booking and dispatch technology solutions to thelargest taxi company in the Nordics, Cabonline.

While already servicing20% of the Finnish market, the Cabonline partnership will allow iCabbi to enterthree new Nordic territories, Sweden, Norway and Denmark. Cabonline has 4,600vehicles across the Nordic region, delivering approximately 16 million tripsper year.

This announcement comeson the back of iCabbi hitting a major milestone in surpassing one billion bookings on its platform inNovember. Growth is forecast for 2023 with a number of significant R&D projectsand new markets set to launch. This will see iCabbi expand its productinnovation team by 50 people over the next 18 months. A recruitment drive isalready underway.

“iCabbi is delighted tobe chosen as the technology partner of choice by the largest taxi operator inthe Nordics, Cabonline. We’re both ambitious companies, looking to push theboundaries of efficiency, innovation and scale for taxi and mobility services.I’m looking forward to delivering Cabonline’s digital transformation on theiCabbi platform and I’m confident the partnership will be mutually beneficial”,said CEO and founder of iCabbi, Gavan Walsh.

“By entering apartnership with iCabbi, Cabonline benefits from a market-leading solution, acceleratingour growth journey and taking a big leap towards becoming Europe's leading andmost sustainable mobility company”, says DagKibsgaard-Petersen, President and CEO of Cabonline Group.