Uber reportedly in the early stages of acquiring valet service Luxe
Uber is in talks to acquire some technology and team members from Luxe, the on-demand car valet service, The Wall Street Journal and Recode first reported, citing sources.
The plan is for Uber to acquire some of Luxe’s technology and engineering talent, which had been working on a service related to short-term car rentals, according to the WSJ. Uber has also reportedly been interviewing engineers from Luxe to determine who to keep from the company, according to the WSJ.
Back in April, Luxe ended its door-to-door valet service, with CEO Curtis Lee saying that the company was changing directions. As part of the deal, however, Lee will reportedly not be joining Uber because he’s still going to work on some version of Luxe and retain the Luxe brand. Luxe had previously raised over $75 million, with its most recent round coming in at $50 million last April.