Daimler and carpooling.com Forge Strategic Partnership
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Daimler and carpooling.com Forge Strategic Partnership

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Daimler and carpooling.com Forge Strategic Partnership PR Newswire STUTTGART and MUNICH, Germany, July 26, 2012 STUTTGART and MUNICH, Germany, July 26, 2012 /PRNewswire/ -- Pioneer in urban mobility concepts and carpooling market leader bundle their know-how Daimler AG takes minority shareholding in carpooling.com GmbH Strong international growth planned - expansion to the US Daimler AG is investing in the world's leading ridesharing network, carpooling.com GmbH. The main shareholders will continue to be the company's three founders, as well as venture capital firm Earlybird. The capital investment will serve primarily the development and expansion of carpooling.com's mobility solutions. carpooling.com is the world's leading ridesharing network, transporting 1 million people a month across Europe. The platform is available on the Internet, on smartphone apps and Facebook. The company possesses the most profound experience globally in bringing together ride-sharers for both medium- and long-distance trips, as well as for commuting. By reviewing profiles and ratings users know exactly who they are traveling with. In addition to rides, the company's platform also offers bus, rail and airline tickets. This strategic partnership bundles the know-how of two leading players in the mobility sector.

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Daimler and carpooling.com Forge Strategic
Partnership
PR Newswire
STUTTGART and MUNICH, Germany, July 26, 2012
STUTTGART
and
MUNICH, Germany
,
July 26, 2012
/PRNewswire/ --
Pioneer in urban mobility concepts and carpooling market leader bundle their
know-how
Daimler AG takes minority shareholding in carpooling.com GmbH
Strong international growth planned - expansion to the US
Daimler AG is investing in the world's leading ridesharing network,
carpooling.com GmbH. The main shareholders will continue to be the
company's three founders, as well as venture capital firm Earlybird. The capital
investment will serve primarily the development and expansion of
carpooling.com's mobility solutions.
carpooling.com is the world's leading ridesharing network, transporting 1
million people a month across
Europe
. The platform is available on the Internet,
on smartphone apps and Facebook. The company possesses the most profound
experience globally in bringing together ride-sharers for both medium- and
long-distance trips, as well as for commuting. By reviewing profiles and ratings
users know exactly who they are traveling with. In addition to rides, the
company's platform also offers bus, rail and airline tickets.
This strategic partnership bundles the know-how of two leading players in the
mobility sector. In addition to its 126 years of expertise in automotive
engineering and automotive systems applications, Daimler is also the market
leader in fully flexible short-term car rental models with car2go which has over
130,000 customers. Since early 2012, Daimler has also held a share in MyTaxi.
In
July 2012
Daimler launched the mobility platform moovel. Moreover, Daimler
has gathered experience in the ridesharing market in two pilot projects in Ulm
and Aachen with its car2gether ad-hoc ridesharing system.
The goal of the partnership is to further expand carpooling.com's platforms and
intelligently integrate the offerings within Daimler's mobility solutions. The
partners will be benefiting from each other's experience in connection with
customer needs, technical systems development, as well as in international
rollouts of successful mobility concepts.
"We view ridesharing as an important element of intelligently networked
mobility. Our engagement in carpooling.com is a logical step in offering our
customers an even wider range for getting from Point A to Point B," notes
Wilfried Steffen, who heads up Business Innovation at Daimler AG. "We are
pleased that this strategic partnership will enable us to support
carpooling.com's growth and further development."
"The partnership gives us an unprecedented opportunity to grow the
carpooling.com marketplace. As a leading automotive player Daimler will serve
as a strong partner in further establishing the role of modern carpooling in
Europe
and overseas. We will be utilizing the new capital to further improve our
offerings, broaden our customer service and make carpooling available to even
more users worldwide," is the way carpooling.com CEO Markus Barnikel
explains the reasoning behind Daimler AG's investment in the company.
In mid
July 2012
, both companies announced a technical cooperation for the
pilot project moovel. The moovel mobility platform allows users to choose the
best way to get from A to B in urban areas.
Further information
about
Daimler
is available on the Internet at:
http://www.media.daimler.com and http://www.daimler.com
Further information
about
carpooling.com
is available on the Internet at:
http://www.carpooling.com
About Daimler:
Daimler AG is one of the world's most successful automotive companies. With
its divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler
Buses and Daimler Financial Services, the Daimler Group is one of the biggest
producers of premium cars and the world's biggest manufacturer of
commercial vehicles with a global reach. Daimler Financial Services provides
financing, leasing, fleet management, insurance and innovative mobility
services.The company's founders, Gottlieb Daimler and Carl Benz, made history
with the invention of the automobile in the year 1886. As a pioneer of
automotive engineering, Daimler continues to shape the future of mobility
today: The Group's focus is on innovative and green technologies as well as on
safe and superior automobiles that appeal to and fascinate its customers. For
many years now, Daimler has been investing continually in the development of
alternative drive systems with the goal of making emission-free driving possible
in the long term. So in addition to vehicles with hybrid drive, Daimler now has
the broadest range of locally emission-free electric vehicles powered by
batteries and fuel cells. This is just one example of how Daimler willingly
accepts the challenge of meeting its responsibility towards society and the
environment. Daimler sells its vehicles and services in nearly all the countries of
the world and has production facilities on five continents. Its current brand
portfolio includes, in addition to the world's most valuable premium automotive
brand, Mercedes-Benz, the brands smart, Maybach, Freightliner, Western Star,
BharatBenz, Fuso, Setra, Orion and Thomas Built Buses. The company is listed
on the stock exchanges of
Frankfurt
and
Stuttgart
(stock exchange symbol
DAI). In 2011, the Group sold 2.1 million vehicles and employed a workforce of
more than 271,000 people; revenue totaled
euro 106.5 billion
and EBIT
amounted to
euro 8.8 billion
.
About carpooling.com
Carpooling.com is the world's leading ridesharing network with 4 million
registered users and daily access to more than 650,000 rides. Rides can be
accessed by computer, mobile phone (iPhone, Android) or social network
(Facebook). A staff of some 45 people support the company's platforms that
afford carpooling opportunities for both short and long trips. In addition,
carpooling.com also offers custom-tailored commuting solutions for
municipalities and private-sector organizations. By sharing a ride, people save
gas and money, reduce carbon emissions and meet new friends. Thanks to
carpooling.com, 860,000 tons of C02 and 430 million liters of gas have been
saved; not counting the millions of savings by users and the thousands of
friendships created (including more than 16 marriages!).
Media contact at carpooling.com GmbH:
Odile Beniflah
Telephone: +1-718-717-8107
Email: obeniflah@carpooling.com
Media contact at Daimler AG:
Shirin Emeera
Telephone: +49(0)711-17-93271
E-Mail: shirin.emeera@daimler.com