Uber Technologies Acquires Blacklane Global Chauffeur Service To Enhance Luxury Travel Offerings
Building Size
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Asset Type
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Closing
Mar 30, 2026
About this deal
AI
Uber Technologies, Inc. has announced an agreement to acquire Blacklane, a Berlin-based global chauffeur service. This transaction forms part of Uber's strategy to expand its presence in luxury and executive travel. The acquisition is expected to close by the end of 2026 pending regulatory approvals.
Summary of transaction details:
- Deal Type: Acquisition
- Transaction Amount: Not disclosed
- Acquiring Company: Uber Technologies, Inc.
- Acquired Company: Blacklane
- Headquarters of Acquiring Company: San Francisco, California
- Headquarters of Acquired Company: Berlin, Germany
- Key Executives: Dara Khosrowshahi (CEO of Uber), Dr. Jens Wohltorf (Founder and CEO of Blacklane)
Blacklane was founded in 2011 and operates in over 500 cities across more than 60 countries. The company connects travelers with independent local chauffeur services via its app and web platform. This acquisition is poised to enhance Uber’s premium offerings, including Uber Reserve and Uber Elite, by leveraging Blacklane's expertise in luxury travel.
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Market CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93