HomeinetLyft acquires ride-sharing startup Hitch

Lyft acquires ride-sharing startup Hitch

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Car-sharing service Lyft has acquired Hitch, a new company in the mobile app space with car-pooling, to integrate the service with its own, which was founded last month.

“Similar to Lyft, Hitch has always believed that the shared transportation experience is inherently social, and we are excited to have him join the team to accelerate this movement together,” Lyft wrote in a blog post Monday.

Financial terms of the deal were not disclosed. Hitch co-founders Snir Kodesh and Noam Szpiro will join Lyft as the company expands to more cities in the U.S. Hitch currently operates in San Francisco.

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