- 2023 was Cabify Peru’s most successful year, with 2021 revenues tripling.
Cabify is celebrating a record year in Peru by tripling its revenue volume in 2023 compared to 2021. The mobility company has seen a remarkable 60% growth in its revenue, which translates to a 60% increase in the number of active passenger users and 30% more drivers compared to Last year.
During 2023, the total distance of trips made on Cabify Peru could translate into one and a half trips to Mars, with December 15 being the most in-demand day. This event highlights the significant impact of the celebrations on the movement of Peruvians. In addition, Cabify Empresas, the corporate service, saw a significant 32% increase in the number of trips made in 2023 compared to the previous year.
Carlos Andrés Mendoza, General Manager of Cabify Perú, highlights: “With more than a decade of activity, we remain the preferred choice for mobility users, distinguished by a differentiated value proposition, where we prioritize safety and quality.”
In 2024, Cabify strengthens its commitment to sustainable mobility by strengthening strategic alliances and collaborations with key partners. Through the Cabify Foundation, the app seeks to strengthen its comprehensive approach to environmental, social and technological aspects, and expand its impact beyond mobility.
The company recently announced the €15 million loan from BBVA Spark to Cabify to accelerate the implementation of the company’s strategic plan, which focuses on promoting sustainable urban mobility with profitable growth, and will pursue its goal of further improving urban mobility.