BMW and Daimler to name ride-hailing venture 'Jurbey': source
German companies BMW and Daimler will name their combined ride-hailing and car-sharing firm "Jurbey", a source familiar with the matter said on Tuesday.
Daimler and BMW declined to comment.
Automotive web site The Drive was first to report on the brand name.
Germany`s luxury carmakers last year unveiled plans to combine their car-sharing businesses to compete with ride-hailing firms like Uber in the United States and Didi Chuxing in China.
Under the terms of their deal, which includes car-sharing units Car2Go and DriveNow as well as ride-hailing, parking and charging services, Daimler and BMW will each hold a 50 percent stake in the joint venture.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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