The mobility solutions platform founded in Tunisia, TravelCar, headquartered in Europe, was acquired by French car manufacturer Group PSA.
“We are proud and delighted to be able to write the next chapter of the company’s history with PSA Group and all of the TravelCar teams,” Ahmed Mhiri, founder of TravelCar was quoted as saying by Wamda.
The same source said TravelCar offers parking and car rental solutions and has attracted more than a million users in more than 60 countries.
Brigitte Courtehoux, Director of PSA Group’s Mobility and Connectivity Services said in a statement quoted by website “Tourmag” that “TravelCar is a great success.
Reinforcing our support through this acquisition underscores our commitment to developing an efficient and sustainable ecosystem of new mobility services. “