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Waymo Launches Autonomous Ride-Hailing In London Amid Global Expansion Drive

In a bold move that underscores its commitment to pioneering autonomous transportation, Waymo, a subsidiary of Alphabet, has announced plans to roll out its driverless ride-hailing service in London. This marks the company’s first foray into the European market, following successful testing in Tokyo earlier this year.

Strategic London Debut

Waymo’s London initiative will begin with a series of test drives featuring vehicles equipped with state-of-the-art autonomous systems, albeit with human safety specialists at the helm. Provided it secures the necessary regulatory approvals from local and national authorities, the service is slated to go live next year. The deployment in London represents a strategic expansion that will further solidify Waymo’s global presence in the lucrative autonomous mobility sector.

Advanced Technology And Trusted Partnerships

London’s fleet will consist of Jaguar I-PACE electric vehicles outfitted with Waymo’s cutting-edge Driver autonomous technology. The company is leveraging its local engineering teams based in Oxford and London, and collaborating with industry specialist Moove, which will oversee fleet operations and maintenance. Moove’s established track record in vehicle financing and support services to transportation giants, including Uber, adds an extra layer of operational confidence as Waymo ventures into this dynamic market.

Global Expansion And Proven Safety Record

Already a market leader in the United States with operational services in Los Angeles, Phoenix, San Francisco, Atlanta, and Austin, Waymo has plans to extend its reach to Miami, Washington, D.C., and New York City. The company boasts a significant safety record, claiming a fivefold reduction in injury-causing collisions—and a twelvefold reduction in pedestrian incidents—compared to human drivers. Achieving 100 million fully autonomous miles and more than 10 million paid rides, Waymo continues to set benchmarks in the field.

Competitive Landscape And Industry Momentum

As the autonomous ride-hailing realignment unfolds, competitors such as the U.K.-based startup Wayve, supported by SoftBank and Microsoft, are also preparing to launch pilot programs using camera-based systems similar to those employed by Tesla. Meanwhile, the U.K. government’s accelerated framework for commercial autonomous pilots and its Vision Zero initiative highlight the nation’s robust commitment to transforming urban mobility.

With its relentless drive for innovation and safety, Waymo’s latest expansion into London is poised to redefine the standards of urban mobility in an increasingly competitive global market.

Cyprus-Based ASBIS Hits Record $1.05bn In Monthly Revenue, Up 216% Year On Year

The technology distributor ASBIS Group, headquartered in Limassol, has exceeded $1 billion in monthly sales for the first time in its history, reporting preliminary consolidated revenue of $1.05 billion in September 2026, more than three times the amount recorded a year earlier.

The figure represents a 216% increase from $332 million in September 2025, making it the highest-revenue month in the company’s history.

ASBIS reported its strongest sales growth in servers and server components, while CEO Serhei Kostevitch pointed to growing demand for artificial intelligence solutions and computing infrastructure as an opportunity for the business.

For a company operating across Europe, the Middle East and Africa, September marked a new sales milestone following several months of substantial year-on-year growth.

Kostevitch attributed the record performance to the group’s existing operations, highlighting its broad product portfolio, international market presence and strong relationships with manufacturers and trading partners.

“Most importantly, this result is the outcome of our regular operating activities,” he said.

The CEO also highlighted the company’s portfolio of projects as a reason for confidence in continued AI-related development.

However, the group’s growth was not limited to AI-related technologies. Smartphones also performed strongly in September, with Kostevitch stressing that “we are growing beyond the AI segment as well.”

Kazakhstan, the United Arab Emirates and Ukraine accounted for the largest shares of ASBIS’s September revenue, followed by Slovakia and Poland.

Growth Follows Record First Half

September’s results follow a period of strong financial performance for ASBIS.

In July, the company reported preliminary consolidated revenue of $531 million, an increase of 89% compared with the same month in 2025. August brought a further rise to $604 million, up 91% year on year.

September’s $1.05 billion figure represents a substantial increase on both months, although the company has not provided a detailed breakdown explaining the acceleration.

The results also follow a record first half of 2026, when ASBIS generated approximately $2.97 billion in consolidated revenue, up 76% year on year.

Net profit after tax reached $80.6 million, compared with $19.4 million in the same period in 2025.

The second quarter was particularly strong, with revenue reaching $1.69 billion, an increase of 78.7%, while quarterly net profit more than tripled to $44.3 million.

ASBIS has emphasised that its September revenue figures are preliminary estimates and may differ from the final reported results.

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