Daimler has acquired German ridesharing startup flinc for an undisclosed amount

Daimler has acquired German ride-sharing firm flinc as the carmaker expands its focus on customers who prefer to pay to use rather than to own a vehicle. The size of the acquisition was not disclosed.

Based in Darmstadt and launched in 2011, flinc is a provider of door-to-door ridesharing for short- and medium-haul routes. Today, around half a million customers are registered with the platform, the company claims.

Flinc will continue to operate independently.

Source: Reuters

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