Gone is that small company created 12 years ago to provide transportation services with drivers. Cabify is the first startup to be elevated to unicorn status , that is, its valuation exceeds 1 billion euros. This was thanks to its war with Uber in the VTC business, where it seems to be gaining market share. However, not everything is positive for Cabify in recent times. In 2018, the Minister of Public Works, José Luis Ábalos, established a transitional period of 4 years for the autonomies to regulate VTC activity on urban routes before October 1, 2022. Along these lines, Madrid was one of the first to present its regulation, with hardly any restrictions on VTCs. A very different case from Barcelona and the rest of the communities . Specifically, in Barcelona, among many other measures, a ratio of 1 VTC for every 30 taxis was established . This decision was made because, according to the taxi sector, since the arrival of the VTC their work has become precarious, since shared cars with drivers do not comply with the same rules with which taxis are measured.
I would not put the taxi as a contrasting means of transport . Globally, we now make more trips with taxis in our operations than with other types of vehicles," he says in an interview with El País . Furthermore, he adds that they have been working with taxi drivers since 2014. The algorithms of Uber, Cabify and Bolt agree on prices and discriminate neighborhoods, suggests data from a report that asks the CNMC to act However, this proportion has been denounced by the sector Country Email List of shared vehicles with drivers.awaiting the ruling of the Court of Justice of the EU . In the eyes of the Advocate General of the European Union, this ratio violates the freedom of establishment. If the CJEU is guided by this opinion, the situation of VTCs would change throughout Spain. "There are already numerous rulings from the superior courts of justice of different communities and from the Spanish Supreme Court itself that overthrow unnecessary.
limitations of the VTC industry , for example, requiring reservations at least 15 minutes in advance," says De Antonio. . And, he adds that, "we believe that the conclusions of the CJEU lawyer are rational and that as a society they take us in the direction that we believe we need to take. Eliminating absurd restrictions will be good for the VTC and mobility industry." Reddit users do not want to buy shares of this social network However, this is not the only controversy surrounding Cabify. The situation of VTC workers has always been one of the points to be looked at closely . At Business Insider Spain we told what the working conditions of many of their drivers were , who told the media that they had to work more than 15 hours a day to be able to earn 1,400 gross euros per month and to meet billing requirements that are between 3,500 and 4,000 euros, depending on the fleet. In addition, most belong to other companies that provide service to Cabify, Uber or Bolt. Something that the CEO of Cabify distances himself from.