BMW invests in carpooling app called Scoop
BMW's investment arm, i Ventures, has invested an undisclosed amount into Scoop Technologies, which is responsible for the carpooling mobile application Scoop. The move of large car manufacturers investing in ride-sharing/ride-hailing services isn't something unheard of. Toyota recently invested an undisclosed amount into taxi-hailing app Uber, while Volkswagen has invested $300 million (Rs 2,000 crore) into Gett, a smaller car-hailing company. Other manufacturers like General Motors, Ford and Daimler have also taken similar steps in the direction of car-hailing apps.
The Scoop app pairs users living in the same neighbourhoods and nearby workplaces to arrange carpools among them. Users can choose to be a driver, a rider, or either, and the cost of the trip is split by the riders with the driver. The app also has a Guaranteed Ride Home policy, wherein if a user is unable to find a ride home, a maximum of $40 will be reimbursed for an alternate mode of transport. The Scoop app is currently functional only in a few cities in the US.
BMW already has its own car-sharing service called ReachNow and is currently functional in Seattle, USA. Taking this into account, there is a chance for Scoop to expand into on-demand ride-sharing as well. India is also experiencing an upward trend of car-sharing services. Apps like Poolcircle and Carpool by Meru have joined the fray offering a similar experience as that in Scoop.
- NewsSpec comparo: Honda CBR650R v Suzuki GSX-S750 v Kawasaki Ninja 650 v Triumph Street Triple S
- NewsMaruti Suzuki Alto 800 facelift launched at Rs 2.93 lakh, comes with BSVI compliant engine
- NewsHonda Amaze VX CVT launched in India at Rs 8.56 lakh, ex-showroom
- OpinionOff-Road Driving - The Right Way
- NewsHonda CB650R street naked motorcycle on cards for the Indian market?
- Wedding Photography Symposium
- Sony Better Photography Wedding Photographer of the Year 2018-19 Awards Night
- Sony BP WPOY 2018-19: Top 10 in The Joy of Light by Photoquip