German rivals BMW and Daimler said Friday that they've merged their car-share operations in a bid to challenge Lyft, Uber, and others in the burgeoning mobility sector. BMW and Daimler, which owns Mercedes-Benz, invest $1.1 billion combined into the joint venture. The cooperation is organized into five global units: Reach Now, Charge Now, Park... Daimler, BMW merge mobility operations with $1.1B investment
February 25, 2019 at 07:41 AM EST
German rivals BMW and Daimler said Friday that they've merged their car-share operations in a bid to challenge Lyft, Uber, and others in the burgeoning mobility sector. BMW and Daimler, which owns Mercedes-Benz, invest $1.1 billion combined into the joint venture. The cooperation is organized into five global units: Reach Now, Charge Now, Park...
German rivals BMW and Daimler said Friday that they've merged their car-share operations in a bid to challenge Lyft, Uber, and others in the burgeoning mobility sector. BMW and Daimler, which owns Mercedes-Benz, invest $1.1 billion combined into the joint venture. The cooperation is organized into five global units: Reach Now, Charge Now, Park... 