Peugeot: acquires TravelCar
(CercleFinance.com) - PSA Group has announced its development in the mobility market with the acquisition of TravelCar.
The car maker already took a stake in this start-up's capital two years' ago.
TravelCar offers parking and car rental solutions. Its offering has already attracted more than one million users in over 60 countries, with the group having 5,000 partners and tens of thousands of vehicles for rental. It is accessible from a digital platform.
Brigitte Courtehoux, Senior Vice President, Connected Services and New Mobility Solutions at Groupe PSA. “Through this acquisition, we are stepping up our support for the company and demonstrating our commitment to developing an efficient, sustainable mobility services ecosystem.”
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The car maker already took a stake in this start-up's capital two years' ago.
TravelCar offers parking and car rental solutions. Its offering has already attracted more than one million users in over 60 countries, with the group having 5,000 partners and tens of thousands of vehicles for rental. It is accessible from a digital platform.
Brigitte Courtehoux, Senior Vice President, Connected Services and New Mobility Solutions at Groupe PSA. “Through this acquisition, we are stepping up our support for the company and demonstrating our commitment to developing an efficient, sustainable mobility services ecosystem.”
Copyright (c) 2019 CercleFinance.com. All rights reserved.