Ride-hailing app Gett confirmed April 26 it will acquire Juno, another app in the on-demand transportation industry, for $200 million, reports TechCrunch. The deal will combine Juno’s network of New York City-based drivers under Gett’s and continue to take 10% commission from rides while giving drivers 100% of tips (Uber’s commission ranges between 20% to 25%).
The Verge article here
Keywords
apps mergers & acquisitions on-demand service TNCs Uber
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