The founders of eCabs, the market-leading ride-hailing operator in Malta and MTRIBES, a Germany-based software provider for mobility and logistics businesses recently announced the extension of their technology partnership and to offer a unique bundle of ride-hailing and delivery software and services in Europe and Northern Africa.
Following their collaboration on creating Fastdrop, eCabs' last-mile delivery-as-a-service platform, the two companies will optimize the utilization of their workforce and assets to market eCabs' fully IP-owned ride-hailing platform, as well as the joint FastDrop delivery technology.
"The last mile segment has long been in our sights. Back in 2019, we tested the market and quickly validated our hypothesis on the opportunities that existed. Our partnership with M-TRIBES enabled us to fast track the deployment of FastDrop.
“Now, this relationship has grown to combine our joint expertise in transport software and operations to power independent operators in both spaces of ride-hailing and last-mile within the EMEA region, and help to expand their business", explained eCabs CEO Matthew Bezzina.
For eCabs, the extended partnership marks an important step forward on its journey defined by the experience of providing ride-hailing operations for more than 11 years, as well as intelligent investments that have enabled the Malta-based operator to defend the market-leader position in the highly competitive ride-hailing space within the region.
Having built a powerful technology setup that has been tested in the road dense local market, eCabs is now taking a bold step on the path of going international, with an integrated mobility solution.
eCabs has been working since 2020 with M-TRIBES as part of its long-term vision to move into 3rd party logistics, with the launch of FastDrop to specifically service the last mile and middle mile segment in Malta. FastDrop is poised to overhaul the local last mile market through B2B partnerships, with the aim of bridging the gap and improving last mile services and consumer communications, with timely and well communicated delivery in the local and foreign eCommerce space.
A fruitful business relationship quickly emerged after the companies started collaborating at the height of the pandemic. To develop the FastDrop platform, like-minded professionals from both companies in the field of product development and technology worked on the existing and powerful M-Tribes platform M-TOOLS, enhanced it through the added operational expertise that eCabs boasts.
M‑TRIBES founding partners Patrick Arle and Marian-Maximilian Martens recently met with eCabs founding partners Matthew Bezzina and Andrew Bezzina in Malta, to discuss details of the MOU.
Matthew Bezzina, eCabs CEO added that:
“The synergies between M‑TRIBES and eCabs are strongly rooted in a great personal understanding as well as a technology first culture. This is an important step for us in that we can look at accelerating our international aspirations to see our ride hailing technology landing in other large and respectable European markets, whilst we keep on investing in the FastDrop product to build it into an unrivalled brand.
The more we look overseas, the more we see exciting opportunities that are there for the taking. We are very excited by the prospects that this great understanding with Patrick, Marian and the M‑TRIBES team brings with it”,
In order to exploit the full potential of their partnership an understanding between the two organizations has grown such that eCabs and M‑TRIBES are investing on two new areas of their collaboration. Whereas M‑TRIBES is planning to refocus its ambitions in the ride-hailing segment to resell the eCabs technology, FastDrop by eCabs becomes M‑TRIBES principal business partner for product and business development in the Last and Middle Mile Delivery category.
M-TRIBES CEO, Patrick Arle highlights the like-mindedness in both aspirations and work ethic the companies share. “We are very excited to be expanding our partnership with eCabs. Our companies have developed a mutual understanding on many levels and we both share the belief that the combination of our offering fits like a glove to the needs of independent operators.”
“Together with eCabs we now look forward to build bigger international opportunities quicker than we both could have before. Wrapping up our offer of ride-hailing and delivery technology will provide local and independent operators to thrive in times of massive change in the transportation industry."