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Cabify was founded in May 2011 by Juan de Antonio, a Spanish entrepreneur, telecommunications engineer. [4] [5] De Antonio was motivated to create a vehicle for hire company after trying unsuccessfully to introduce electric vehicles in European cities.
As a result, a portion of the El Chorrillo neighborhood, which consisted mostly of old wood-framed buildings dating back to the 1900s (though still a large slum area), was destroyed by fire. In 1999, the United States officially transferred full control of the Panama Canal to the Republic of Panama, which remains in control today.