Blacklane Acquired by Uber | Logistics M&A Deal

Uber has acquired Blacklane, a last mile delivery business in Germany. Blacklane operates a global chauffeur and premium ground transportation network that connects corporate and airport travelers with drivers across major cities. Uber seeks the Blacklane acquisition to expand logistics M&A capabilities in passenger mobility and improve on-demand service coverage for last mile delivery. The add on acquisition is categorized as a strategic acquisition by Uber, with deal size undisclosed and status announced, supporting broader Uber acquisitions in transportation.