Dubai Taxi Company’s revenue growth was primarily driven by fleet expansion and strong performance in its taxi and delivery bike operations
Dubai Taxi Company
Dubai Taxi Company deploys 200 BYD SEAL EVs in major fleet expansion
The collaboration supports Dubai’s Net Zero 2050 goals and aligns with DTC’s plan to convert its entire fleet to electric vehicles by 2040
DTC signs 5-year exclusive partnership with Dubai Airports
Trips from Dubai Airports expected to reach over 8 million by 2029; Projected revenue contribution of $680 million over five years
Dubai Taxi Company’s full-year revenue for 2024 increases 12% to record $600mn
EBITDA growth of 19% to $151.9mn; Net profit up 18% to $90.2mn; Taxi fleet increases by 744 vehicles, Total trips exceed 49mn
Dubai Taxi Company: Bolt records 1 million trips in since December launch
Bolt operates with a fleet comprising premium limousines from 200 partners, including Dubai Taxi Company (DTC), and 18,000 drivers
Dubai Taxi Company unveils 2025-2029 strategy for sustainable growth
The strategy aligns with the Dubai 2040 Urban Master Plan and the city’s broader vision for a smart and sustainable future
Dubai Taxi Company adds 250 licences as it takes fleet to 6,210 vehicles
New Dubai taxis will all be electric and are expected to add a further $23m in annual revenue
Dubai commuters get a new e-hailing platform as DTC partners Bolt
Bolt’s world-class digital platform is being used in over 50 countries, including Saudi Arabia and Egypt; Launch announced at GITEX Global
Dubai Taxi Company expands fleet with 300 new plates
This acquisition increases DTC’s market share to 46 percent, cementing its position as Dubai’s largest taxi operator
Dubai Taxi Company reports strong growth in first half of 2024
The company reported a 14 percent year-on-year increase in revenue to AED1.09 billion, underscoring its strong market position and successful execution of growth strategies
DTC revenue zooms to $152 million on increased trips and larger fleet
Net profit up 15% to $29.41 million; Taxi and limousine segments completed 12 million trips, up 8% YoY
Inside Dubai’s exclusive Pink Taxis keeping women and families safe for 17 years
This International Women’s Day, Arabian Business takes a closer look at the service run by incredible women who are breaking barriers, empowering communities, and redefining the transport landscape in Dubai
DTC’s first post-IPO result sees 11% revenue growth to $530mn
The company registers 46 million trips in 2023, up 8% YoY; Board approves Q4 2023 dividend of $19.33 million
Dubai Taxi Company expands fleet to 5,660 vehicles in major expansion
Dubai Taxi Company has added 445 vehicles to fleet so far this year
Dubai Taxi Company doubles airport fleet with 350 new cars
Dubai Taxi Company expands airports fleet with 350 new cars
Dubai announces new taxi fares for New Year’s Eve and major events
Dubai introduces new taxi fares for major events and venues
Dubai Taxi to allow riders to pay fare in installments with Tabby in UAE cab first
Customers will have access to Tabby’s postpaid model interest-free credit balances and short-term installment programmes