Car-sharing : the French Drivy bought out by its american competitor Getaround

This is the meeting of two specialists in the rental of cars between private individuals. The american Getaround announces the acquisition of the French Drivy f

Car-sharing : the French Drivy bought out by its american competitor Getaround

This is the meeting of two specialists in the rental of cars between private individuals. The american Getaround announces the acquisition of the French Drivy for $ 300 million. Getaround, it is the forerunner of this business of car rental between private individuals. The company was created in 2009 for launch of the service in 2011. Drivy was founded in 2010, exactly on the same niche.

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"The team at Drivy has done an excellent job in Europe," says Sam Zaid, founder and CEO of Getaround. We discuss for a long time. And today it is the right time to get closer in order to accelerate our growth". On the side of Drivy, Paulin Dementhon, the founder, believes that "the company would have been able to stay independent." However, the market is increasingly competitive. "All the other actors, be it the manufacturers or the actors of the mobility, fire-power which figure in the ...

Date Of Update: 25 April 2019, 00:00
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