• Stéphanie

Uber sells its freight-forwarding activities in Europe.

Berlin-based startup Sennder has acquired Uber’s European freight business in an all-stock transaction that will see the freight forwarder extend its dominance in the European market. 


As part of the transaction, sennder will become a minority shareholder in Uber and the companies have agreed to a customer referral programme, where sennder will refer US freight customers to Uber and vice versa. 


The question at the end, with all divestments made, is : what will remain @ Uber at that end ? What will be its business model to finally become sustainable ?


You want to have additional info on Sennder, the German start-up and its strategy ?

Then, it is here :

🔴 https://sifted.eu/articles/german-startup-buys-uber-freight/



Photo Frank MacKenna for Unsplash