Uber Acquires Blacklane to Boost Premium Mobility

Uber Technologies Inc. announced on Monday its agreement to acquire Blacklane, a Berlin-based premium chauffeur service, in a move to strengthen its position in the executive and luxury travel market. The deal, with financial terms undisclosed, is subject to regulatory approvals and expected to close by the end of 2026.

Blacklane, founded in 2011 by Jens Wohltorf and Frank Steuer, connects business and leisure travelers with professional chauffeurs in more than 500 cities across over 60 countries. The company operates through a mobile app and web platform, offering prebooked, fixed-price rides in premium vehicles, including airport transfers and hourly services. It has established partnerships with thousands of corporate clients, including Fortune 500 companies, and integrates with travel management systems such as SAP Concur and Egencia. Blacklane's model relies on licensed limousine operators rather than independent contractors, emphasizing consistent service standards. The company was valued at approximately 547 million euros following a funding round in October 2024 and has raised more than 100 million euros from investors including Sixt, Mercedes-Benz Mobility, and...