MUSCAT: In a major development, ITHCA Group and global tech firm Yango Group have fully acquired popular Omani ride-hailing platform Otaxi.
The acquisition marks the official launch of the Yango Group in Oman, bringing AI-driven solutions and advanced digital services to the country. The acquisition was held in coordination with Ministry of Transport, Communications and Information Technology.
According to the officials, the company’s operations are expected to expand across all governorates, while new services such as home delivery, vehicle rentals and smart mapping will be introduced.
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Speaking about the acquisition, Said bin Abdullah al Mandhari, CEO of ITHCA Group said: “For emerging startups like Otaxi, such acquisitions provide unmatched opportunities to align with industry leaders, enrich operations and propel projects to international success,” he said.
Islam Abdul Karim, Regional Head of Yango Group Middle East said: “The digital momentum in Oman is strong and supported by bold national initiatives. Yango Group is proud to partner with ITHCA Group in delivering globally-proven, locally-tailored solutions.”
Yango Group, which operates across multiple markets in the Middle East and North Africa with the UAE serving as its regional headquarters, is positioning itself as a multi-service technology ecosystem operating in 30+ countries.
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