Getaround aims to scale car-sharing platform with HyreCar acquisition
TechCrunch: M&A
MAY 11, 2023
Peer-to-peer car-sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car-sharing marketplace, for $9.45 The combined company’s stock began trading at around $10 per share, but promptly plummeted. To date, Getaround’s stock has lost 96% of its value.
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