【Bijli Ka Pyaar (2025) Hindi Short Film】
There soon will be Bijli Ka Pyaar (2025) Hindi Short Filmone 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, TechCrunchreported Wednesday.
SEE ALSO: The feud between Britain and Sean Spicer is getting ridiculousGett 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.
Gett also confirmed it will be raising more money. “This current deal provides a really enormous opportunity for expansion, so we’ll be looking for more capital this year,” Waiser toldTechCrunch. Gett raised $300 million from Volkswagen last year.
The merger and new capital will help Gett compete against the ride-hailing giants in the United States: Uber and Lyft.
One of Juno's selling point to drivers was being much friendlier to and financially lucrative for drivers. The startup offered drivers stock units (something that obviously couldn't be forever sustainable). The stock options are nulled with the acquisition and will be paid out, TechCrunchreported.
That doesn't mean Gett and Juno will go full on Uber. They are considering other options to better compensate drivers.
Featured Video For You
This Star Wars-like flying car is everyone's dream come true
Topics Uber New York City lyft
Search
Categories
Latest Posts
Best free AI courses you can take online
2025-06-27 04:48Emma Watson's feminist evolution is more relatable than you think
2025-06-27 03:57Theresa May laughs awkwardly in Parliament, instantly becomes meme
2025-06-27 03:50Popular Posts
Report: Match Group dating apps conceal assault cases
2025-06-27 04:54Malaysian bank offers year
2025-06-27 04:43This store celebrated women by offering discounts for frying pans
2025-06-27 04:23Cadillac's new cars can talk to each other about road conditions
2025-06-27 04:13Featured Posts
Best vacuum deal: Get the Dyson V8 Plus cordless vacuum for $120 off
2025-06-27 05:03Best Soundcore by Anker Space A40 earbuds deal: Save $35 at Amazon
2025-06-27 02:30Popular Articles
Best AirPods deal: Apple AirPods 4 for $99.99 at Amazon
2025-06-27 05:00You'll want this 'Hamilton' lullaby right now
2025-06-27 03:36This sheep with its head stuck in a straw bale is our spirit animal
2025-06-27 02:45Newsletter
Subscribe to our newsletter for the latest updates.
Comments (112)
Evergreen Information Network
NYT Connections Sports Edition hints and answers for February 15: Tips to solve Connections #145
2025-06-27 04:12Wisdom Convergence Information Network
Brie Larson finally talks about not clapping for Casey Affleck winning his Oscar
2025-06-27 04:06Happy Information Network
CNN series stirs controversy for 'offensive' portrayal of Hinduism
2025-06-27 03:23Expressing Aspiration Information Network
These theaters have playgrounds because everyone loves loud kids at movies
2025-06-27 03:10Steady Information Network
AC Milan vs. Feyenoord 2025 livestream: Watch Champions League for free
2025-06-27 02:52