Getaround acquires European car rental platform Drivy for $300 million

Getaround acquires European car rental platform Drivy for $300 million

Getaround, the peer-to-peer car-sharing startup that launched at TC Disrupt back in 2011, is making moves to become a global car rental service. Today, the SoftBank-backed startup announced its acquisition of Drivy, a Paris-headquartered car-sharing startup that operates in 170 European cities. "We were obviously looking at what our European strategy was and how we would expand out of the U.S. and into other parts of the world," Getaround CEO Sam Zaid told TechCrunch.