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Re:Intel to buy smart urban transit startup Moovit for $1B f... by gallego2007 on Sunday May 03, 2020 @04:17PM (#23061547)
Interesting acquisition by Intel, but also equally surprising valuation at $1B. I thought Moovit was entirely crowdsourced and made up primarily of volunteers[1]... maybe that changed recently?

[1] https://www.linkedin.com/pulse/crowdsourcing-just-ticket-exp...

Re:Intel to buy smart urban transit startup Moovit for $1B f... by 303space on Sunday May 03, 2020 @04:24PM (#23061591)
Also the article claims “800 million riders” which is astounding for an app that is currently #36 in the navigation category (iOS App Store). Unless this app is more popular than TikTok everywhere outside of the US they’ve gotta be playing fast and loose with those usage statistics.
Re:Intel to buy smart urban transit startup Moovit for $1B f... by aeyes on Sunday May 03, 2020 @10:34PM (#23064006)
Moovit is for public transportation and that is pretty much why it isn't big in the US. Here it is #3 in navigation after Google Maps and Waze.

I couldn't live without it anymore, the city has probably around 500 bus lines. Making 3 combinations isn't unusual and it works to the point where I don't worry about researching a new route. Whenever you aren't commuting it is your best option to finding a route.

Sometimes I spend a weekend in smaller cities I don't know well. They have bus lines which you can't find online anywhere. But everything is on Moovit. This has saved me so many hours, I feel like I should be paying for it.

Re:Intel to buy smart urban transit startup Moovit for $1B f... by bhouston on Sunday May 03, 2020 @09:56PM (#23063799)
From what I can tell they are providing a lot of data via partnerships to other apps and clients. At least that is what Wikipedia states.