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Thursday, October 1, 2020

German startup sennder acquires Uber’s European freight enterprise

© Reuters. FILE PHOTO: Uber’s brand is displayed on a cell phone in London

BERLIN (Reuters) – German freight startup sennder mentioned on Wednesday it had acquired Uber’s (N:) European freight enterprise in an all-stock deal that can see the U.S. experience hailing firm change into a minority shareholder.

The deal marks the second acquisition this yr by Berlin-based sennder, a digital freight forwarder based in 2015 that specialises in full-truck masses, dealing with 50,000 cargoes a month.

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