Barcelona Cab Licenses Yielding 500% Boost Uber in Spain

Publication: Bloomberg,

Spain’s best-performing investment over the last 30 years may be the black-and-yellow cab you hailed the last time you were in Barcelona.

The secondary-market value of a license to operate a taxi in the Catalan capital rose 503 percent from 1987 to 2016, according to a report this month by Spain’s markets and competition regulator CNMC. The benchmark IBEX 35 stock index gained about 325 percent over the same period.

To read the article click here