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FreeNow

Company Profile Analysis

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FreeNow - Automotive showcase

Year Founded & Workforce

2009

1,850 Employees

Industry

AutomotiveB2BB2C

Services

Taxi Market
F

FreeNow Employee Contacts

29 verified contactsNames, job titles, seniority and locations

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FreeNow Overview

Company Headquarters: Germany

Founded: 2009

Workforce: ~1850

Company Working: FreeNow, a ride-hailing platform based in Europe, connects passengers with licensed taxi drivers. FreeNow operates in over 100 cities across Europe, including major metropolitan areas like London, Paris, Milan, and Madrid. Passengers can easily book a ride through the FreeNow mobile app, which provides real-time information about the driver and vehicle, and offers several payment options, such as cash, credit card, and in-app payments. One of FreeNow's notable features is its commitment to working exclusively with licensed taxi drivers, which the company believes provides a safe and dependable experience for passengers. Additionally, FreeNow offers various safety features, including an emergency button within the app and a feature that allows passengers to share their ride details with friends and family. FreeNow has extended its services to include other transportation options, such as e-scooters and e-bikes, in select cities. The company is dedicated to reducing carbon emissions, promoting sustainable transportation alternatives, and striving to create a more environmentally friendly urban environment.

Strategy

The key strategy of FREE NOW taxi company is to provide seamless and convenient transportation services through its user-friendly mobile application. By focusing on technological innovation and driver-partner collaboration, FREE NOW aims to enhance the overall taxi experience for both passengers and drivers. Their strategy includes offering competitive pricing, ensuring reliable and safe rides, and implementing efficient dispatch systems. By prioritizing customer satisfaction and leveraging advanced technology, FREE NOW strives to establish itself as a leading player in the taxi industry, offering a superior alternative to traditional transportation options. One of FreeNow's notable features is its commitment to working exclusively with licensed taxi drivers, which the company believes provides a safe and dependable experience for passengers. Additionally, FreeNow offers various safety features, including an emergency button within the app and a feature that allows passengers to share their ride details with friends and family. FreeNow has extended its services to include other transportation options, such as e-scooters and e-bikes, in select cities. The company is dedicated to reducing carbon emissions, promoting sustainable transportation alternatives, and striving to create a more environmentally friendly urban environment.

Company Snapshot

1,850

Employees

2009

Founded

Germany

Headquarters

SWOT Analysis

Strengths

  • Established presence in multiple cities
  • User-friendly mobile application for easy bookings

Weaknesses

  • Heavy competition from other ride-hailing services
  • Dependence on external factors like regulations

Opportunities

  • Expansion into new markets and regions
  • Integration with emerging mobility trends and technologies

Threats

  • Disruptive competition from new entrants
  • Regulatory challenges and changing transportation policies

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Key Developments

DateApproachDevelopment
March 2023PartnershipThe Mobility Super App, FREE NOW, based in Europe, has recently formed a partnership with Gett, a prominent taxi platform in the United Kingdom. This collaboration aims to offer Gett's business clients access to FREE NOW's extensive fleet of 20,000 minicabs (PHVs) specifically for their corporate journeys.
June 2022Product DevelopmentFREE NOW, the renowned Mobility Super App, has revealed its plans to introduce HumanForest eBikes to its platform, marking the first time these eBikes will be available on the app. This move signifies a significant expansion of FREE NOW's diverse range of transportation options in London, set to take place during the upcoming summer season.
April 2021PartnershipTIER, a micro-mobility provider, has partnered with FREE NOW to offer their entire fleet of electric scooters and mopeds through the FREE NOW app in Germany and France. This collaboration aims to provide users in both countries with convenient access to TIER's micro-mobility options. Additionally, both companies express their enthusiasm for expanding this partnership further in the future, indicating their shared commitment to enhancing mobility services.

Product Offering

  • FreeNow
    • Taxi Market

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