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05/15/2024 04:24:12 am

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BMW investments

A BMW emblem is pictured at the 2015 New York International Auto Show in New York.

BMW Invests in Carpooling Startup Scoop

German luxury car manufacturer BMW AG announced on May 2 that the company's BMW iVentures, its venture capital arm, will be investing in California-based startup Scoop Technologies, a company that offers smartphone-powered carpooling service. The exact terms of the deal were not disclosed.

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