VW-Backed Gett Ponders Its Strategy as Other Ridehailing Apps Pull Ahead

Source: Travel News

Andrew Harrer  / Bloomberg

The Gett application is demonstrated on an Apple iPhone in April 2017. Tel Aviv-based Gett aims to slow the march of Uber Technologies around the globe but needs more capital. Andrew Harrer / Bloomberg

Skift Take: Tel Aviv-based Gett aims to overtake Uber and Lyft. But some investors like Volkswagen and Vostok, a Swedish fund manager, aren't adding in more money. The lack of capital is hindering the startup's pace.

— Sean O’Neill

Read the Complete Story On Skift

VW-Backed Gett Ponders Its Strategy as Other Ridehailing Apps Pull Ahead