Beat (app)

Beat
Private
Industry Transportation networking, Apps, etaxi, Ride-hailing
Founded 2011
Founders Nikos Drandakis (Founder & CEO)[1]
Headquarters Athens, Greece
Area served
 South America, Greece
Website thebeat.co

Beat is responsible for developing a taxi cab and peer-to-peer-ridesharing mobile application, the Beat app, for smartphones and other mobile devices.[2] Beat's headquarters are located in Athens, Greece, where it is popular among locals.[3] However, about 90 percent of the company’s ride-booking activity is abroad, in South America, where more than 150,000 drivers have registered with the app.[4][5]

Beat is currently available in Athens and the capital cities of Chile, Peru, and Colombia.[6][7]

Background

Formerly known as Taxibeat, the company was founded in 2011 by Nikos Drandakis in collaboration with associates Kostis Sakkas, Nikos Damilakis and Michael Sfictos.[8][9] The ride-hailing service was acquired by MyTaxi in February 2017, and renamed to Beat. MyTaxi is a subsidiary of the automotive manufacturer Daimler AG.[10]

Before the Greek firm was integrated into the Daimler cadre of corporations, Beat raised approximately $7 million in Series capital in its first two years of operations.[11]

References

  1. ↑ "Pioneering Greeks – Taxibeat founders N. Drandakis, N. Damilakis, K. Sakkas, M. Sfiktos". news.gtp.gr. Retrieved 28 September 2018.
  2. ↑ "Beat Overview". Crunchbase. Retrieved 28 September 2018.
  3. ↑ Koutantou, Angeliki. "Greek plan to regulate taxi apps draws customers' ire". Reuters. Retrieved 28 September 2018.
  4. ↑ "Latin America is the next stage in the race for dominance in the ride-hailing market". TechCrunch. Retrieved 28 September 2018.
  5. ↑ "Beat Taxi Service Joins Forces with Athens Hotels". GTP Headlines. Retrieved 28 September 2018.
  6. ↑ "Uber's next battleground: Latin America". VentureBeat. 30 March 2018. Retrieved 28 September 2018.
  7. ↑ "Beat: Lima será nuestro 'hub' regional" (in Spanish). El Comercio. 18 May 2018. Retrieved 28 September 2018.
  8. ↑ "Ν. Δρανδάκης , Ν. Δαμηλάκης, Κ. Σακκάς, Μ. Σφικτός". LoveGreece.com (in Greek). 15 June 2014. Retrieved 28 September 2018.
  9. ↑ Kyvrikosaios, Deborah. "Taxi drivers protest against Uber 'invasion' in Greece". Reuters. Retrieved 28 September 2018.
  10. ↑ "Daimler's MyTaxi acquires Greek rival Taxibeat to take on Uber in Europe". VentureBeat. 16 February 2017. Retrieved 28 September 2018.
  11. ↑ "Funding Rounds of Beat". Crunchbase. Retrieved 28 September 2018.
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