April 30, 2019
US car-share company Getaround has acquired European competitor Drivy in a $300 million deal, expanding its presence into France, Germany, Spain, Austria, Belgium and the UK.
Getaround says the deal allows drivers in Europe to earn money by making their car available to rent on its service.
Getaround’s patented technology platform - Getaround Connect - enables users to locate and unlock cars using their smartphone. Meanwhile, Drivy offers a smart unlock function – a connected technology which removes the