08 Sep

Volvo acquires car valet startup Luxe to boost its digital services business

 After a pivot and months of speculation about the future of car valet and concierge startup Luxe, the company has finally found a home. Today, automaker Volvo Cars announced that it is acquiring the startup’s platform, technology, key staff and other assets, which it will use to put some fuel into its own digital services strategy. The terms of the acquisition are not being disclosed, but… Read More
Source: TechCrunch – Funding and Exits

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