Rideshare rivals Gett, Juno join forces – Phys.Org

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US-based mostly ridesharing startups Gett and Juno introduced Wednesday they have been becoming a member of forces, serving to them step up a problem to bigger rivals Uber and Lyft.

“Excited to share that #Gett & @ join forces within the US bringing collectively two corporations that deal with drivers higher,” stated a tweet from New York-based Gett, which operates in 100 cities within the US, Russia, Britain and Israel.

The corporations didn’t instantly disclose phrases, however the information website TechCrunch reported that Gett had paid $200 million for Juno, which launched in New York final yr.

Gett has raised some $640 million together with a $300 million funding final yr from Volkswagen as a part of a with the German automaker.

The two startups promote themselves as being extra pleasant to drivers than market chief Uber, which has been rocked by a collection of embarrassing disclosures a few tradition of sexism, reduce-throat office techniques and covert use of regulation enforcement-evading software program.

Gett operates in numerous cities in Russia and a handful within the British and Israeli markets, however New York is the one US during which it operates.


Explore additional:
Volkswagen, Toyota buy into ridesharing



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