LeCab

LeCab primarily serves business clients and discerning travelers, with a significant portion of its revenue, 75%, generated from the corporate sector. Its client roster includes 45% of the companies listed on the CAC 40 index and numerous public sector entities such as the Ministry of Justice and SNCF. The company generates revenue by connecting its fleet of approximately 18,000 drivers with over a million users through its mobile application and website for on-demand or pre-booked rides. A key differentiator in its business model is a driver-centric compensation structure, which was introduced in early 2023. This model guarantees drivers a minimum net hourly income of €35, a rate that includes the driver's approach time to the customer, aiming to provide a more equitable and stable income.

The company's platform allows users to book rides, manage payments centrally, and access detailed reporting. LeCab offers various vehicle classes, including a green fleet of hybrid and electric cars, to cater to different client needs while focusing on environmental responsibility. Strategic acquisitions have been central to LeCab's growth. In July 2019, it was acquired by Snapcar, a move that strengthened its B2B service offerings. More recently, in May 2024, LeCab acquired its French competitor Marcel, further consolidating its market position against international rivals and expanding its customer base to include major companies like Air France and Total.