Uber Technologies Inc (NYSE:UBER) is set to acquire Crown Taxi, one of Taiwan's largest taxi operators, as part of its strategic push to scale operations across key Asian markets, local reports confirmed Monday.

While the deal value remains undisclosed and subject to regulatory approval, the acquisition marks a major milestone in Uber's long-standing partnership with Crown Taxi, which dates back to 2017.

Global Expansion Strategy

Uber's acquisition aligns with its broader strategy of consolidating traditional taxi networks into its app ecosystem, enabling greater fleet availability and faster service in high-demand regions.

This is not the company's first regional move in 2025. Earlier this year, Uber integrated Indian electric cab startup BluSmart into its platform, reinforcing its position in the EV ride-hailing segment.

Despite rising competition from autonomous vehicle players, Uber stock has gained nearly 38% year-to-date, underscoring investor confidence in its international growth roadmap.

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Robotaxi Competition: No Major Disruption Yet

Uber continues to downplay the near-term threat posed by robotaxis. While several firms are pursuing autonomous ride-hailing at scale, the complexity of deployment and regulatory hurdles have delayed widespread adoption.

Uber's focus appears rooted in pragmatic scaling through human-driven fleets in regions with supportive regulatory climates.

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Conclusion
Uber's acquisition of Crown Taxi is another sign of its aggressive global scaling approach. As regulatory landscapes evolve and competition intensifies, Uber seems intent on consolidating regional leaders under its brand while continuing to reward shareholders through strong performance.