GT GETTAXI (UK) LIMITED | |
Former Name: | GetTaxi (in Israel) |
Type: | Private |
Founders: | Dave Waiser |
Hq Location: | London |
Area Served: | Israel, United Kingdom, Europe |
Key People: | Matteo De Renzi CEO |
Revenue: | $ 166 million (2020) |
Num Employees: | 773 (2020) |
Gett, previously known as GetTaxi, is an Israeli B2B Ground Transportation Management (GTM) platform and marketplace,[1] [2] and B2C ride-hailing app headquartered in London, and owned by GT GetTaxi (UK) Limited [3]
In May 2024, it was reported that Pango will purchase the "Gett" transportation service application at a price of approximately 175 million dollars.[4]
GetTaxi was founded by Israeli entrepreneurs Shahar Waiser and Roi More. In the summer of 2009, Waiser came up with the idea during a thirty-minute wait for a taxi to the airport in Palo Alto, California. GetTaxi's beta version in Hebrew started operating in Tel Aviv two years later, in the summer of 2011,[5] and the service was launched in London in August 2011.[6]
In March 2012, GetTaxi branched out to Moscow,[7] and opened its first United States offices in New York City.[8] In May 2016, the Volkswagen Group invested $300 million in Gett.
In 2017 Gett acquired Juno, a ride-hailing company primarily operating in New York City.[9] Gett sold Juno in November 2019 in an agreement with Lyft, that saw Gett form a partnership with Lyft.[10]
Gett's marketplace model saw further partnerships with Ola in 2020,[11] and Curb Mobility in 2021.[12]
In May 2024, Pango announced its acquisition of Gett and its operations in Israel and internationally for $175 million. The deal is subject to the approval of the Competition Commissioner.https://www.israelhayom.co.il/business/article/15719107
In May 2016, Volkswagen Group announced that it would invest $300 million in Gett,[13] allowing the company to grow its operations across European markets, as well as marking the first foray into the mobility space by the Volkswagen Group.[14]