Taxi tech firm clocks up three billionth booking

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Tech firm Autocab has clocked up its three bilionth booking via its cloud-based software.

The Stockport-based SaaS company, which positions itself as a rival to Uber for local taxi firms, has recorded the milestone through its automated call-handling system, Phantom 3, as well as web and app-based bookings.

In total, the company’s technology now powers 52% of the private hire and taxi market in the UK.

Its fastest-growing booking platform is the iGo network, which now has over 80,000 vehicles signed up.

The network enables traditional taxi firms to compete with newer entrants to the market, such as ride-hailing apps Uber and Lyft, who only have a presence in cities and larger towns.

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