Gett announces closure of Juno and strategic partnership with Lyft

Gett, the global leader in corporate on-demand transportation, announced the closure of its New York rideshare business, Juno.

Gett also announced a strategic partnership with Lyft to enable Gett's corporate clients to access rides in the United States beginning next year.

Dave Waiser, Gett CEO, commented: “This development reinforces Gett's strategy to build a profitable company focused on the corporate transportation sector, a market worth $1 trillion each year.”

As a corporate transportation leader, Gett serves over 15,000 companies, including a third of the Fortune 500. Through the Lyft partnership, Gett's corporate customers traveling in the United States will be able to request rides through the Gett app and be matched with a driver on the Lyft network. This partnership will allow Gett to expand its reach across the United States, seamlessly serving its business clients on the Lyft network, all through Gett's SaaS platform for business travelers.

Waiser continued: “Gett has a differentiated business model. With this announcement, we reinforce our position as the leading corporate transportation service. Instead of competing with consumer ridesharing companies, we are partnering with them. Our strategic partnership with Lyft is a win-win: Gett is expanding its reach across North America at the same time as we continue to see strong momentum in Europe, while Lyft benefits from the large number of Gett enterprise clients traveling to the US.”

“Uniquely, Gett's SaaS solution aggregates a complete range of ground travel providers in-country and across geographies, on one single booking platform. Whether for ridesharing, chauffeur, limousine or taxi services, we provide enterprise clients with a best-in-class app and advanced back-end technology that consolidates all options across 100 countries, saving costs for clients globally. Gett's anticipated profitability is driven by our corporate SaaS solution, and we expect to be operationally profitable at a Group level in December of this year,” Waiser added.

Juno is shutting down in New York as a result of both Gett's increased focus on the corporate transportation sector and the enactment of misguided regulations in New York City earlier this year. Juno drivers will be paid in full by Juno for all rides completed by Juno's service end-date. All Juno riders will be invited to join Lyft.