Wednesday, 26 April 2017

Gett buys Juno, making your ride-hailing app choices a little less difficult

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There soon will be one less ride-hailing app to choose from for those still boycotting Uber. 

Gett, one of the largest players in the New York ride-hailing market, has acquired Juno for $200 million, TechCrunch reported Wednesday. 

Gett will acquire all of Juno's existing business, including its network of drivers and its employees, according to TechCrunch's Ingrid Lunden, who spoke with Gett CEO and founder Dave Waiser. 

Juno's founding team (Talmon Marco, Igor Magazinik, Ofer Samocha and Sunny Marueli) will stay based in New York and will lead Gett's future business in the U.S. Both Gett and Juno only operated in New York, for the U.S. market. Gett operates in more than 100 cities in Europe. Now, the combined companies have plans to expand into other states.  Read more...

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