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June 7, 2018 12:11 pm GMT

Gett raises $80M led by VW at a $1.4B valuation, says it will be profitable by Q1 of next year

While Uber is growing its business with a net loss on its balance sheet, a smaller rival has confirmed a round of funding, and projects that it will be profitable by Q1 of next year. Gett, the transportation-on-demand startup that competes with the likes of Uber but also traditional taxi cabs, has raised $80 million […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lp1q4eHf-00/

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