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European Ride-Hailing Service Taxify Secures $1 Billion Valuation

By Dinesh Nair, Bloomberg

Kārlis Dambrāns

Taxify vehicles in Latvia on Dec. 2, 2015. The company just secured a $1 billion valuation. Kārlis Dambrāns

Skift Take: Taxify may be making impressive gains, but it’s not just Uber that will have to deal with the looming threat of tighter regulations on ridesharing.

— Sarah Enelow-Snyder

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