Europe-focused ride-sharing firm Gett strengthened a foothold in the U.S. with last week’s $200 million all-stock acquisition of New York ride-sharing firm Juno. Now, the firm sees a U.S. expansion beyond New York on the horizon, according to Gett CEO Dave Waiser.
“History shows there’s room for three or four national players in a big market” like the U.S., similar to the telecom industry, Mr. Waiser told The Information in his first extended interview since the deal. Along with U.S. ride-sharing rival Lyft, the combined Gett and Juno are challenging Uber’s early thesis that ride-sharing would essentially be a winner-take-all market.