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Uber Acquires Swipe Labs for Undisclosed Sum

Uber Acquires Swipe Labs for Undisclosed Sum

Ride sharing company Uber announced that it has acquired social app development startup Swipe Labs. Financial terms of the deal were not disclosed.

According to TechCrunch, the acquisition helps Uber benefit from Swipe Labs’ expertise in driver apps. The ride sharing company has been experimenting with new social media products to craft better mobile communication experiences for drivers and users.

Founded in 2014, Swipe had previously raised $8.2 million and built a series of mobile apps for sharing photos, videos, and group texts.