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DMLRY Mercedes Benz Group AG (PK)

14.32
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
Mercedes Benz Group AG (PK) USOTC:DMLRY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 14.32 14.00 14.45 0.00 01:00:00

Uber Eyes Ride-Hailing App Owned by Daimler, BMW -Bloomberg

29/09/2020 8:57am

Dow Jones News


Mercedes Benz (PK) (USOTC:DMLRY)
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--Uber Technologies Inc. is interested in purchasing ride-hailing app Free Now, a joint venture between Daimler AG and Bayerische Motoren Werke AG, Bloomberg reports, citing unnamed sources.

--The deal, which would boost Uber's market share in Europe and Latin America, is on the cards because Free Now has struggled to attract further investment during the coronavirus pandemic, Bloomberg reports.

--Daimler valued its half-share in the venture at 618 million euros ($721 million) at the end of June, according to Bloomberg.

 

Full story: https://bloom.bg/3jfmTNj

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

September 29, 2020 03:42 ET (07:42 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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