Golrang Group has acquired a 68.95% stake in ride-hailing service Tap30, positioning itself for significant growth in Iran's burgeoning transportation industry.

Target Information

The company Tap30, an emerging name in the ride-hailing sector, has been acquired by Golrang Group, which has gained control over 68.95% of the company's shares. Milad Manshipour, CEO and co-founder of Tap30, announced that Golrang has purchased 70% of the company's shares through a video statement. This acquisition marks a significant shift in Tap30's operational landscape as it prepares for its next phase of growth.

Industry Overview in Iran

The ride-hailing industry in Iran has witnessed remarkable growth over the past few years, spurred by increased urbanization, a growing middle class, and a shift towards digital solutions for transportation. With a young and tech-savvy population, the demand for convenient transportation options has surged, making ride-hailing services a preferred choice for many Iranians.

Despite facing regulatory challenges and competition from traditional taxi services, the industry has adapted by introducing innovative features and improving saf