Oliver Sachgau and Christoph Rauwald

Business, Technology, Equipment, Logistics

Daimler Joins BMW in Bid to Be a Force in Ride-Hailing Sector

Dieter Zetsche BMW CEO Harald Krueger and Daimler AG CEO Dieter Zetsche in Berlin. (Krisztian Bocsi/Bloomberg News)

Daimler AG and BMW AG are pouring more than 1 billion euros into their joint car-sharing and ride-hailing businesses to take on the likes of Uber Technologies Inc. and Lyft Inc.

February 22, 2019