Ellex advised Daimler on its investment in Taxify

Ellex has advised Daimler AG on an investment in Taxify. Daimler, whose mobility services portfolio includes Mytaxi and other ride-hailing services such as Clever Taxi and Taxibeat, now also holds an interest in ride-hailing provider Taxify. Taxify operates predominantly in Central and Eastern Europe and in Africa. Chinese ride-hailing platform Didi Chuxing already acquired an interest in Taxify in 2017. With its investment in Taxify, Daimler is significantly expanding its ride-hailing portfolio. To date, Taxify has provided transport to more than 10 million passengers with more than 500,000 registered drivers.
The Ellex team included partner Risto Vahimets, senior associate Karl-Erich Trisberg and lawyer Anna Trine Raudsepp. The lead counsel of the transaction was Noerr LLP.
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