Volkswagen has invested $300 million in the taxi service Gett

Online platform, which provides a taxi service Gett could get from the Volkswagen car company $300 million. The funds will expand the business in the United States and the EU.

The cost of startup and the number of shares that concern had got, wasn't advertised. Also concern will make favorable conditions for the operation of their machines for the startup partners. Today, the Volkswagen Group has twelve brands.

"At the moment, Volkswagen is a leader in the global automotive industry, we plan to become a leader in the mobility market by 2025. That's why the partnership with the Gett is an important milestone in the implementation of the new Volkswagen Group's strategy to provide integrated mobile solutions that our customers need" - said CEO of the VW group Matthias Muller.

Service Director, said that the new partnership a positive impact on transportation. Also the startup develops automated machines that help the two companies will be able to gain a foothold in major markets for a long time.

It's interesting, that startup has been already investing $220 million for 6 years.
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