Share on StockTwits

German company moovel , which owns ride-sharing service car2go, has acquired two new transportation companies to add to its portfolio and strengthen its existing services, the company has revealed. Those include RideScout, an app which allows North American users to search for and compare time and costs across various ground transport options, and Intelligent Apps, the company behind mytaxi, a German Uber/Hailo competitor that operates primarily in Europe.

“Car2Go’s Parent Company Moovel Acquires RideScout And MyTaxi” is categorized as “science and technology”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.