Daimler and BMW invest $1.1 billion in urban mobility services

9:36am PST - February 22nd, 2019    clever - TechCrunch

Daimler AG and BMW Group officially agreed to merge their urban mobility services into a single holding company back in March 2018 with a 50 percent stake each. And now, they want to unify their services under 5 categories by creating 5 joint ventures — Reach…