ffs, do you just "cut & paste" everything then ??
, that's far to long for a forum, just highlight it man didnt read, far to long
| Taxi Driver Online http://taxi-driver.co.uk/phpBB2/ |
|
| After Minicabster goes into administration http://taxi-driver.co.uk/phpBB2/viewtopic.php?f=2&t=28966 |
Page 1 of 1 |
| Author: | captain cab [ Fri Apr 15, 2016 10:14 am ] |
| Post subject: | After Minicabster goes into administration |
After Minicabster goes into administration, Transport Innovation acquires “technical assets” of taxi app With Uber’s incredibly deep pockets, aggressive tactics and seemingly unstoppable growth, it’s unsurprising that we are beginning to witness difficult times for other startups playing in the taxi and private hire vehicle booking space. Case in point is Minicabster, the UK ‘minicab’ price comparison and booking app that had raised £2 million in funding since being founded in 2011. TechCrunch understands that the startup entered administration last month — a voluntary process in the UK when a company has incurred debt that it is unlikely to be able to service. According to a regulatory filing, administrators were appointed at the end of February, charged with finding a buyer for some or all of Minicabster’s assets. And, in the last day or so, that’s exactly what appears to have happened. TechCrunch has learned that a company called Transport Innovation, which operates a taxi freephone calling service that you typically find placed in UK supermarkets, has purchased some of the startup’s assets, although it’s not clear specifically what these entail and whether or not they include Minicabster’s user base and contracts with cab firms or its technology and IP alone. Confirming the acquisition, Paul Murray, CEO of Transport Innovation, would say only that the company has bought the “technical assets” of Minicabster not the company itself, declining to provide any further financial details or otherwise. “We are considering our strategic options,” he wrote in an email when I asked why Transport Innovation has purchased some of the startup’s assets. Meanwhile, Minicabster company director Irshad Khan confirmed that the troubled company is in administration and that a buyer of sorts has been found. “Minicabster was part of a sale process, which completed recently,” he told TechCrunch in a statement, adding that the minicab market is becoming “exceedingly tough with the increased costs towards customer acquisition” and the challenges faced by minicab operators in retaining quality drivers. I understand the latter is a direct reference to the extremely aggressive tactics and resulting growth of Uber and specifically the high rates it pays at weekends and other periods of high demand when surge pricing kicks in. I’m told that it’s not uncommon for minicab drivers to work for the types of minicab firms listed on apps like Minicabster Monday to Thursday and then to move over to Uber Friday night to Sunday where they can make a lot more cash. This creates a real problem maintaining service levels on competing taxi apps as demand outstrips supply. (Not the same but related perhaps, black taxi app Gett recently announced its intent to acquire a taxi firm of its own in the form of Radio Taxis, presumably to mitigate any future supply-side problem.) “Going forward, I see minicab operators and other minicab apps facing testing times as Uber spends more to gain market share regardless of the CPA/LTV making economical sense,” adds Khan, who recently launched coach booking app CoachScanner. The coach market, of course, is one yet to be touched by Uber. source: http://techcrunch.com/2016/04/15/minica ... eadpooled/ |
|
| Author: | ven2112 [ Fri Apr 15, 2016 7:36 pm ] |
| Post subject: | Re: After Minicabster goes into administration |
ffs, do you just "cut & paste" everything then ?? , that's far to long for a forum, just highlight it man didnt read, far to long
|
|
| Author: | captain cab [ Fri Apr 15, 2016 7:44 pm ] |
| Post subject: | Re: After Minicabster goes into administration |
ven2112 wrote: ffs, do you just "cut & paste" everything then ?? , that's far to long for a forum, just highlight it man didnt read, far to long I can also ban and delete users 
|
|
| Author: | ven2112 [ Fri Apr 15, 2016 7:49 pm ] |
| Post subject: | Re: After Minicabster goes into administration |
still long though , why would anyone ( i have had my own forums) ban anyone for a opinion then ? that's what makes them 
|
|
| Author: | captain cab [ Fri Apr 15, 2016 7:52 pm ] |
| Post subject: | Re: After Minicabster goes into administration |
ven2112 wrote: still long though , why would anyone ( i have had my own forums) ban anyone for a opinion then ? that's what makes them If you don't want to read stuff, don't read it - but why make comments on not reading it? The article may be of interest to some - possibly because this particular app started out popular in certain areas and has failed. |
|
| Author: | grandad [ Fri Apr 15, 2016 8:17 pm ] |
| Post subject: | Re: After Minicabster goes into administration |
ven2112 wrote: ffs, do you just "cut & paste" everything then ?? , that's far to long for a forum, just highlight it man didnt read, far to long Why are you here? |
|
| Author: | grandad [ Fri Apr 15, 2016 8:18 pm ] |
| Post subject: | Re: After Minicabster goes into administration |
captain cab wrote: ven2112 wrote: ffs, do you just "cut & paste" everything then ?? , that's far to long for a forum, just highlight it man didnt read, far to long I can also ban and delete users 
|
|
| Author: | Chris the Fish [ Fri Apr 15, 2016 8:47 pm ] |
| Post subject: | Re: After Minicabster goes into administration |
You don't need to pray Grandad, they'll probably let you stay.
|
|
| Author: | toots [ Fri Apr 15, 2016 10:06 pm ] |
| Post subject: | Re: After Minicabster goes into administration |
ven2112 wrote: ffs, do you just "cut & paste" everything then ?? , that's far to long for a forum, just highlight it man didnt read, far to long The bit you needed to read was the heading, it tells you all you appear to be interested in |
|
| Author: | captain cab [ Fri Apr 15, 2016 10:31 pm ] |
| Post subject: | Re: After Minicabster goes into administration |
Its not interesting this at all - is it ven Quote: the UK ‘minicab’ price comparison and booking app that had raised £2 million in funding since being founded in 2011. I mean, interest in ven created 14 pence with his app - #shootcripples |
|
| Author: | Sussex [ Sun Apr 17, 2016 5:26 pm ] |
| Post subject: | Re: After Minicabster goes into administration |
captain cab wrote: Case in point is Minicabster, the UK ‘minicab’ price comparison and booking app that had raised £2 million in funding since being founded in 2011. What a surprise? A firm requiring drivers to bid against each other, and having to pay for it as well, has gone out of business. 
|
|
| Author: | Sussex [ Sun Apr 17, 2016 5:27 pm ] |
| Post subject: | Re: After Minicabster goes into administration |
captain cab wrote: If you don't want to read stuff, don't read it - but why make comments on not reading it? The article may be of interest to some - possibly because this particular app started out popular in certain areas and has failed. As above. 
|
|
| Page 1 of 1 | All times are UTC [ DST ] |
| Powered by phpBB® Forum Software © phpBB Group http://www.phpbb.com/ |
|