Industry News
Rideshare Startups Grin & Yellow Jointly Raise US$150m & Merge to Form Grow Mobility (em português)
30 January 2019
Grin and Yellow jointly raised US$150m and merged to form Grow Mobility in Latin America, only a few months after Grin merged with Ride in Brazil. The joint venture has over 1,000 employees based in the region, about 100,000 scooters and 35,000 bikes.
(Valor Econômico) As startups de mobilidade Grin e Yellow, conhecidas pelos patinetes elétricos e bicicletas, anunciaram a fusão na América Latina, onde adotarão o nome Grow — proveniente da junção de parte das palavras Grin (Gr) e Yellow (ow). Não foram divulgados valores referentes à transação.
Read more at Valor Econômico.
You may be interested in...
-
CPP Investments Invest ~USD392.9m in Brazil’s Igua Saneamento; IG4 Capital Deal Case
-
Colombia’s Finkargo Raises USD95m Debt and Equity Round
Finkargo, a Colombia-based trade platform for SMEs, raised a USD95m debt and equity...
-
LAVCA Week Update; SP Ventures exits InCeres; 1200VC commits to Lowercarbon
-
CPP Investments Invest ~USD392.9m in Brazil’s Igua Saneamento
CPP Investments made a BRL2.2b (~USD400m) follow-on investment in Iguá Saneamento, a...