Uber announced the acquisition of Blacklane, a Berlin‑based chauffeur‑service platform that operates in more than 500 cities across 60 countries. The deal, expected to close by the end of 2026, adds Blacklane’s network of licensed professional chauffeurs and luxury vehicles to Uber’s growing premium offerings.
The transaction follows Uber’s launch of Uber Elite on March 12, 2026, a high‑end ride service for executives and frequent travelers. By integrating Blacklane, Uber gains an established customer base and operational expertise that will accelerate the rollout of Uber Elite and other premium services such as Uber Reserve.
While the financial terms remain undisclosed, reports estimate the valuation in the upper three‑digit‑million range. The acquisition signals Uber’s commitment to deepening its presence in the high‑margin premium mobility market, where it faces growing competition from Lyft’s recent purchase of TBR Global Chauffeuring and other entrants.
Uber’s Q4 2025 earnings, released February 4, 2026, showed revenue of $14.4 billion, up 20 % year‑over‑year, and adjusted EBITDA of $2.5 billion. The company missed EPS expectations by $0.12, citing a $1.6 billion pre‑tax headwind from equity investment revaluations. The acquisition is positioned as a strategic investment to offset margin pressures and drive long‑term growth in the premium segment.
CEO Dara Khosrowshahi said, “Premium travel is one of the most exciting growth areas of Uber’s business. We want to offer the widest selection of options to meet our riders where they are: from the everyday commute to luxury rides.” Blacklane founder Jens Wohltorf added, “Fifteen years after our vision to make premium travel frictionless, we are bringing luxury hospitality expertise to Uber as a leading player in mobility.”
The deal is expected to close by the end of 2026, with Uber integrating Blacklane’s technology and fleet into its platform. The move positions Uber to compete more effectively in the high‑margin premium market and to broaden its service portfolio for business and affluent customers.
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