RelayRides Buys Wheelz
San Francisco-based peer-to-peer car sharing marketplace operator RelayRides said this morning that it has acquired Wheelz, a competing car sharing marketplace operator. Financial terms of the buy were not disclosed. RelayRides said the acquisition is a major consolidation of the market, and will help it accelerate growth.
posted on Tuesday, May 14, 2013
Related stories:
> Wheelz Pulls Up To $13.7M
> RelayRides Finds $25M For Car Sharing, Rentals
> RelayRides Bumps Series A To $13M
> RelayRides Fuels Up With $10M More For Car Sharing Efforts
> RelayRides Acquihires SocialStudio For Mobile Talent
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