Minicabster Announces Part Acquisition of Bounce
Private hire app service Minicabster has announced the part-acquisition of Bounce, the rival app launched last year by former Climatecars founder Nicko Williamson, but which ceased trading in May.
Minicabster has taken over a number of Bounce’s clients and their app, and the company said the “part-takeover” was a good fit. The Bounce app allowed users to book their nearest TfL-licensed minicab. “These key features are in perfect alignment with Minicabster’s own ethos, which is based around convenience, comfort and affordability when navigating the UK’s busiest cities,” the company said in a statement.
The move also means that existing Bounce users will not be left stranded by the app’s closure. They’ll now have access to Minicabster’s network of more than 10,000 licensed minicabs nationwide – and with the recent launch of the new Minicabster app, it takes just two taps to book affordable transport to any location.
Irshad Khan, business lead and head of technology at Minicabster, said: “Running a tech business in the competitive minicab space has been a challenge over the last year, but we’re thrilled to be the first European cab tech company to buy a competitor’s assets in this way. It’s been a turbulent few years for the industry as a whole, with many disruptive new apps hitting the market, but we are always pushing for new ways in which we can take the lead within the minicab sector.” He continued: “I see more mergers and acquisitions taking place in the near future, as Minicabster continues to foster innovation in this fast-evolving industry.”
Over the coming weeks, the Bounce app already installed on many smartphones will turn into the new Minicabster app, which works on Android and iOS devices.