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GETT

29 stories about GETT

Pango acquires Gett for $175 million
09.05.24|Golan HazaniGett raised a total of $900 million throughout the years, but saw its valuation dwindle from $1.5 billion four years ago as it struggled to find a buyer
Pango on verge of completing $200 million acquisition of Gett
31.03.24|Golan HazaniSwedish fund VNV Global currently controls Gett, which has raised $900 million to date
Pango in advanced negotiations to acquire Gett at $250 million valuation
04.03.24|Golan HazaniSwedish fund VNV Global currently controls Gett, which has raised $900 million to date
Gett Israel partners with "Pitchon Lev" Organization; Employees raise 1M shekels
18.10.23|Tech On Duty in collaboration with Poalim TechGett Israel and "Pitchon Lev" assist to assist with mobility funding for individuals in need and transportation during the war.
Bumpy ride: How Gett went from a promising unicorn to just another shuttle company
08.10.23|Viki AuslenderFounded 14 years ago, transportation company Gett reached unicorn status in 2016, but these days is conducting negotiations for its sale at a value of only $200 million - a fifth of what it raised. The company that promised to be a transportation game changer finds itself stuck in traffic behind its competitors who are already trading at huge valuations
Fortissimo Capital in negotiations to acquire Gett at $200 million valuation
10.09.23|Golan HazaniSwedish fund VNV Global currently controls Gett, which has raised $900 million to date
Gett achieves profitability, but valuation still languishing at $258 million
22.01.23|Meir OrbachSwedish investment fund VNV Global, which is the largest shareholder in the company, has revealed that the transportation company is “debt free, EBITDA positive and growing”
"Dave Waiser suited Gett in the past, today it needs different leadership"
14.07.22|Meir OrbachPer Brilioth, CEO of the VNV Global fund, recently visited Israel and in an exclusive interview with Calcalist spoke about Gett’s profits, management and future plans
Gett valuation plummets to $265 million as company faces uncertain future
08.05.22|Meir OrbachInvestor VNV Global revealed that it is currently valuing its 24% ownership in the corporate ground transportation management company at just $63.6 million, based on a forward-looking revenue adjusted for the recent announcement of Gett that it would exit the Russian market
Co-founder Dave Waiser to leave Gett after a decade as CEO
04.05.22|Meir OrbachIn March of this year, Gett announced that it is canceling its SPAC merger with Rosecliff Acquisition Corp I, saying that "recent market volatility" is what led it to its decision
Volkswagen Writes-Off Gett Investment, Der Spiegel Reports
23.12.18|Hagar RavetVolkswagen invested $300 million in Gett in 2016, and also participated in an $80 million funding round Gett announced in June
Yandex's Yango Taxi Hits Israel's Roads
05.12.18|Nitsan SadanThe company, which uploaded its Hebrew-language app to Google and Apple's stores last week, wants to challenge local market leader Gett
Russian Multinational Yandex to Operate Yango Taxi Hailing Service Throughout Israel
27.11.18|Meir OrbachYandex’ main rival in Israel is Gett, the local taxi-hailing market leader. Gett is already competing with Yandex on the latter’s home turf, having launched its service in Russia in 2015
Gett is on the Lookout for Buyers, Bloomberg Reports
18.11.18|CTechCiting people familiar with the matter the report says the company has approached potential bidders including car-hire firms.
Russian Multinational Yandex to Launch Yango Taxi Hailing Service in Israel
16.11.18|Meir OrbachYandex’ main rival in Israel is Gett, the local taxi hailing market leader. Gett and Yandex are already competing on the latter’s home turf
Russian Private Equity Firm Da Vinci Acquires 8% Stake in Ride-Hailing Company Gett
25.09.18|Hagar Ravet and Tofi StolerDa Vinci acquired shares from existing Gett shareholder Moscow-based venture capital firm InVenture Partners as well as new shares issued as part of Gett’s latest $80 million funding round
In Face of Cash-Heavy Competitors, Gett CEO Touts Margins
12.09.18|Hagar Ravet and Meir OrbachGett’s overall equity funding stands at $700 million, a sum dwarfed by the funding raised by some of its competitors
Russia's Yandex is Moving in on Gett's Home Turf
04.09.18|Meir OrbachThe decision to start operations in Israel is part of the company’s global taxi expansion plans. In 2017, Yandex announced a merger between its taxi booking service and Uber’s Russian operations
Gett a Taxi from London to Dubai
30.08.18|Lilach BaumerGett is developing a new service that will enable business clients to hail a taxi to the airport, input their flight number, and then book a ride that will be waiting for them at their destination—all within the same order
Ride-Hailing Company Gett Generates Around $1 Billion in Revenues a Year
16.08.18|Meir OrbachIn its financial report, Vostok, which holds a 5.5% stake in Gett, attributed most of the taxi-hailing app developer’s revenues to its London and New York activity

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