Luxury ride-hailing app relocates to London

Josh Hall's picture
by Josh Hall

Luxury ride-hailing app Wheely has moved its headquarters from Moscow to London, despite concern over the UK capital’s position after Brexit.

The company, which offers cab services targeted at affluent consumers, says it has made the move from Russia in a bid to attract top talent as it plans an expansion into Europe.

Chief executive Anton Chirkunov said: “When you try to hire executives, they all want to live in London. They’re either already in London or want to move there. They’re not going to want to move to Russia.”

Wheely says it has around 3,000 drivers onboard, and currently operates in London, Moscow, and St Petersburg. It currently employs 12 people in London, and is planning to expand its headcount in the capital to at least 25 by the end of the year.

The company is one of several that are in the process of moving to London, despite deepening uncertainty about the UK’s position following Brexit.

Nippon Telegraph and Telephone Corporation, one of Japan’s biggest companies, is also rumoured to be making the move.

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