Ride-hailing app Gett today confirmed that it will acquire Juno, another app in the on-demand transportation industry, for $200 million, reports TechCrunch. The deal will combine Juno’s network of New York City-based drivers under Gett’s and continue to offer drivers a 10 percent commission rate while giving them 100 percent of tips. (Uber’s commission ranges between 20 to 25 percent.)
Juno launched in New York City just one year ago, and initially pitched itself toward drivers, not riders. It promised to be a more “ethical ride-sharing app,” offering drivers $50 a week to keep the app open during normal work hours and a rating system that deducted 5 percent of their lowest ratings on a weekly basis.
In light of recent press around...
Driver-friendly ride-hailing apps Gett and Juno are combining appeared first on http://www.theverge.com
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