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Orange County Employees Retirement System
Santa Ana, California ,United States
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Daimler’s MyTaxi Acquires Greek Rival Taxibeat To Take On Uber In Europe
With this acquisition, which was first rumored a few weeks back, MyTaxi has bolstered its own service by around 500,000 riders and 8,000 drivers. Greece is now MyTaxi’s tenth country. Taxibeat will be integrated into MyTaxi and rebranded “in the coming months,” according to a company statement. Full investment news article
Most Startups See Getting Acquired As Their End Game, Not Going Public Like Snap
Snap is about to have what should be the biggest tech IPO of the year. But while CEO Evan Spiegel and company are generating the expected level of buzz for their efforts, their move to the public market is an outlier among startups. Full investment news article
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