Company:Gett
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| Formerly | GetTaxi (in Israel) |
|---|---|
| Type | Private |
| Industry |
|
| Founded | November 1, 2010 |
| Founders | Dave Waiser |
| Headquarters | London |
Area served | Israel, United Kingdom, Europe |
Key people | Matteo De Renzi (CEO) |
| Products | |
| Services |
|
| Revenue | $ 166 million (2020) |
Number of employees | 773 (2020) |
| Website | gett |
GT GETTAXI (UK) LIMITED, commonly referred to as Gett and previously known as GetTaxi, is an Israeli B2B Ground Transportation Management (GTM) platform and marketplace,[1][2] and B2C ride-hailing app headquartered in London, and owned by GT GetTaxi (UK) Limited [3]
In May 2024, it was reported that Pango will purchase the "Gett" transportation service application at a price of approximately 175 million dollars.[4]
History
GetTaxi was founded by Israeli entrepreneurs Shahar Waiser and Roi More. In the summer of 2009, Waiser came up with the idea during a thirty-minute wait for a taxi to the airport in Palo Alto, California. GetTaxi's beta version in Hebrew started operating in Tel Aviv two years later, in the summer of 2011,[5] and the service was launched in London in August 2011.[6]
In March 2012, GetTaxi branched out to Moscow,[7][8] and opened its first United States offices in New York City.[9] In May 2016, the Volkswagen Group invested $300 million in Gett.[10]
In 2017 Gett acquired Juno, a ride-hailing company primarily operating in New York City.[11] Gett sold Juno in November 2019 in an agreement with Lyft, that saw Gett form a partnership with Lyft.[12]
Gett's marketplace model saw further partnerships with Ola in 2020,[13] and Curb Mobility in 2021.[14]
In May 2024, Pango announced its acquisition of Gett and its operations in Israel and internationally for $175 million. The deal is subject to the approval of the Competition Commissioner.[1]
Strategic partnership with the Volkswagen Group
In May 2016, Volkswagen Group announced that it would invest $300 million in Gett,[15] allowing the company to grow its operations across European markets, as well as marking the first foray into the mobility space by the Volkswagen Group.[10]
See also
References
- ↑ "Gett company". https://www.bloomberg.com/profile/company/0852787D:IT.
- ↑ "Gett company profile". https://gett.com/about/.
- ↑ "GT GETTAXI (UK) LIMITED overview - Find and update company information - GOV.UK" (in en). https://find-and-update.company-information.service.gov.uk/company/07603404.
- ↑ חזני, גולן; כלכליסט (May 9, 2024). "העסקה נחתמה - פנגו רכשה את גט תמורת 175 מיליון דולר" (in he). Ynet. https://www.ynet.co.il/economy/article/hyarnafzc.
- ↑ Shalita, Hen, Hayut, Ilanit (February 16, 2012). "The Startups are killing Taxi Services". Globes. http://www.globes.co.il/news/article.aspx?did=1000724926.
- ↑ Lacy, Sarah (July 11, 2011). "Get Taxi Launching in London". TechCrunch. https://techcrunch.com/2011/07/19/get-taxi-launching-in-london-this-is-way-beyond-uber/.
- ↑ Gilbert, Trevor (March 1, 2012). "Moscow, Meet GetTaxi. GetTaxi, Moscow". pandodaily. http://pandodaily.com/2012/03/01/moscow-meet-gettaxi-gettaxi-moscow/.
- ↑ Taxi app development explained, http://yalantis.com/blog/uber-expertise-taxi-booking-mobile-app-development/, retrieved February 27, 2015
- ↑ Fitzpatrick, Alex (June 7, 2012). "This App Will Revolutionize the NYC Taxi Experience". Mashable. http://mashable.com/2012/06/07/gettaxi/.
- ↑ 10.0 10.1 "Volkswagen Group announces a strategic partnership with on-demand mobility provider Gett". http://www.volkswagenag.com/en/news/2016/5/Gett.html.
- ↑ "On-demand ride service Gett confirms acquisition of Juno for $200M" (in en-US). April 26, 2017. https://techcrunch.com/2017/04/26/on-demand-ride-service-gett-confirms-acquisition-of-juno-for-200m/.
- ↑ "Gett Shuts Down Juno, Announces Collaboration With Lyft | Ctech". https://m.calcalistech.com/Article.aspx?guid=3773972.
- ↑ "Ride-hailing firms Gett and Ola sign corporate partnership" (in en-GB). August 6, 2020. https://www.cityam.com/ride-hailing-firms-gett-and-ola-sign-corporate-partnership/.
- ↑ "Gett inks deal with Curb Mobility to bring yellow cabs to its enterprise-focused on-demand ride-hailing app" (in en-US). April 18, 2021. https://techcrunch.com/2021/04/18/gett-curb-mobility/.
- ↑ "VW invests $300M in Uber rival Gett in new ride-sharing partnership" (in en-US). May 24, 2016. https://techcrunch.com/2016/05/24/vw-invests-300m-in-uber-rival-gett-in-new-ride-sharing-partnership/.
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