Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Nathaniel Rothschild Gives London Cabbies a Lift with Taxi Sharing App

NAT

Former London Mayor Ken Livingstone gave his enthusiastic support to financier Nathaniel Rothschild’s taxi sharing app, Maaxi, that, unlike competitors like Uber, is not in danger of violating city regulationsor driving cabbies out of business. Maaxi, like Uber, allows the sharing of rides, but unlike Uber, works with city taxi drivers and does not have its own fleet to compete with them, reports City AM.

Livingstone calls Maaxi “the People’s App” and will “stop Uber from driving the black cabbie trade into extinction.” Gabriel Campos, former CEO of Pokerstars, is also joining in the deal. Rothschild has gotten support from the Licensed Taxi Drivers Association, who approves of the app, which will create lower fares for customers and more business for drivers.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

Maaxi will likely face intense litigation such as Uber is dealing with in many cities at it raises the ire of local cab companies and has been seen to flaunt regulations.

Newsletter



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

History & Archeology

A groundbreaking discovery in the Manot Cave in the Western Galilee, Israel has unearthed the earliest evidence in the Levant (and among the world's...