- The agreement enables the expansion of DTC’s delivery fleet as the demand for rapid delivery services accelerates
- The agreement diversifies DTC's revenue base, utilising its extensive network to broaden the reach of Talabat's services across the UAE
Dubai, May 28, 2024
Dubai Taxi Company (DTC), the leading provider of comprehensive mobility solutions in Dubai, has signed a strategic partnership agreement with Talabat to offer transportation and delivery solutions to Talabat customers, utilizing DTC's diverse fleet of vehicles.
The collaboration comes in line with DTC's growth strategy aimed at establishing its role as a leading entity in both local and international transport and delivery markets within the e-commerce sector. It will create avenues for enhanced investment, improved commercial partnerships, and increased revenue potential.
The agreement was inked in Dubai by Abdulla Ibrahim Almeer, DTC’s Chief Business Transformation Officer, William K. Oxiwan and Zvikempororo Christian Charimari, from Talabat.
Logistics Technology Solutions
Under the agreement, DTC will facilitate the deployment of logistics and delivery technology solutions, offering fast and reliable delivery services for food and products to Talabat customers. It will utilize its extensive network to broaden the reach of Talabat's services throughout the UAE.
Innovative Transportation Services
Mansoor Rahma Al Falasi, CEO of DTC said, "This agreement will strengthen our expansion strategy, allowing us to explore new business opportunities and develop innovative transportation solutions that meet the evolving needs of our customers."
"The partnership with Talabat will pave the way for us to offer an outstanding delivery experience for Talabat customers while also ensuring the speed and reliability of the service. Customers will benefit from a wide range of delivery options, including various vehicle-based services. The agreement does in fact reflect DTC’s commitment to promoting innovation and adopting advanced logistics technologies and smart systems to enhance customer satisfaction."
Al Falasi emphasized that this initiative is set to bolster DTC’s vision of providing transportation services that meet the highest quality and safety standards, both locally and globally. This is made possible by the company's robust capacity for growth and its effective contribution to enhancing the global standing of Dubai's transportation sector and boosting its competitiveness.
Ends
About DTC
DTC was recognised as a public joint stock company under Law No. (21) of 2023. The Company is a leading provider of comprehensive mobility solutions in Dubai, operating a fleet of more than 7,800 vehicles, including more than 5,300 taxis. DTC was established in 1994 to operate a fleet of taxis and has since expanded to offer an extensive range of integrated mobility solutions across four key business lines: taxis, VIP limousines, buses and last-mile delivery bike services. DTC is the number one taxi operator by fleet size in Dubai with an approximately 46% market share. In 2023, the Company's taxis and limousines completed 46 million trips.
Media and Investor Relations contacts:
Investor Relations: Media Enquiries:
Rami Mohammad Al Banna Mohamad Jalal Nassif
[email protected] [email protected]
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