Brief: Getaround Acquires Hyrecar Assets To Accelerate Profitability Path
11/05/2023 22:20
May 11 (Reuters) - Getaround Inc GETR.N :
* GETAROUND ACQUIRES HYRECAR ASSETS TO ACCELERATE
PROFITABILITY
PATH AND FORTIFY WORLDWIDE GIG CARSHARING LEADERSHIP POSITION
* GETAROUND INC - DEAL FOR $9.45 MILLION
* GETAROUND INC - ANTICIPATES THAT ACQUISITION WILL
CONTRIBUTE UP
TO $75 MILLION OF RUN-RATE ANNUALIZED GROSS BOOKING VALUE AND
POSITIVE ADJUSTED EBITDA
* GETAROUND INC - TRANSACTION IS EXPECTED TO BE SYNERGISTIC
AS
GETAROUND
Source text for Eikon: ID:nBwF8fjza
Further company coverage: GETR.N
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