Veezu Revenue and Competitors

Veezu is a unique business model established in late 2013 by two well-known Welsh-based entrepreneurs who had a clear strategy to lead the UK taxi market through an expected period of change and consolidation.\r\n\r\nSince its early establishment, with laws dating back to 1831, the UK Taxi and Private Hire industry is recognised as one of the most regulated of its kind in the world. It’s a sector strategically critical to the UK’s transport network where today it services in excess of 600m journeys per annum. The UK industry is said to be worth an estimated £9bn per annum, which mirrors that of other transport networks such as buses and rail.\r\n\r\nVeezu has invested heavily in new technology to raise the bar for all consumer types and create a ‘best-in-class’ offering for all B2C and B2B customers.\r\n\r\nSubstantial investment in a strengthened management team, mobile application and dispatch technologies will see Veezu become one of the leading private hire operators in the UK.