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On-demand ride service Gett confirms acquisition of Juno for $200M | TechCrunch

Consolidation, based on strong sources of driver supply and solid logistical systems, signals the beginning of the end of the first rev of the local on-demand economy. Gett has announced that it has acquired Juno, a rival in the New York market. Separately, Gett’s CEO and founder Dave Waiser has told TechCrunch in an interview […]

Consolidation, based on strong sources of driver supply and solid logistical systems, signals the beginning of the end of the first rev of the local on-demand economy.

Gett has announced that it has acquired Juno, a rival in the New York market. Separately, Gett’s CEO and founder Dave Waiser has told TechCrunch in an interview that the price of the deal was $200 million, although the companies are not disclosing other terms such as whether the deal was in cash, shares or a combination of the two.

Source: On-demand ride service Gett confirms acquisition of Juno for $200M | TechCrunch

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