Trip hailing company Gett to lift $350 million: media
TEL AVIV (Reuters) - Israel-based experience sharing app Gett is within the strategy of elevating $350 million after plans to lift a bigger amount of money didn't pan out, Israeli information website online Calcalist reported on Thursday.
Calcalist, a number one monetary day by day in Israel, reported that one reason why Gett has had some bother attracting buyers is because of its fairly prime valuation of $2 billion.
Gett Leader Government Dave Waiser, requested in regards to the Calcalist document at the sidelines of a Techcrunch convention, declined to remark.
Gett, in keeping with its website online, has raised to this point $640 million, together with a $300 million funding from Volkswagen (VOWG_p.DE) in 2016. On the time Gett was once valued at about $1 billion, Calcalist reported.
Remaining yr Gett purchased U.S. rival Juno for $200 million.
The Gett app we could consumers e book on-demand rides or pre-book rides for later.
Reporting by means of Tova Cohen, Enhancing by means of Ari Rabinovitch
Our Requirements:The Thomson Reuters Believe Rules.Original ArticleTechnology
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