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COMMUNAUTO

Company Profile Analysis

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COMMUNAUTO - ICT showcase

Year Founded & Workforce

1994

68 Employees

Industry

ICT

Services

MaaS
C

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COMMUNAUTO Overview

Company Headquarters: Canada

Founded: 1994

Workforce: ~68

Company Working: Communauto is a Canadian Car-sharing service provider. The company’s services are aimed at providing a convenient and economical alternative to owning a Car. It provides round trip and one-way Carsharing, along with other transportation options including Bus, train, and bicycles. The company provides solutions for individuals and Businesses. It also offers long distance and family memberships for its Car sharing plans. The company operates in Canada and France.

Strategy

Communauto follows a mix of organic and inorganic growth strategies. The company is expanding its operations across cities in Canada to grow its customer base. It is also focussing on acquisitions and partnerships with rivals in new cities to help expand operations. One such example is the acquisitions of VrtuCar and CarShare in Halifax. The company currently focuses on improving its services and reducing its prices to make its services available to a larger audience

Company Snapshot

68

Employees

1994

Founded

Canada

Headquarters

Key Developments

DateApproachDevelopment
March 2019AcquisitionCommunauto acquired CarShare, which allows Communauto to expand its services in the region of Waterloo. Carshare faced financial difficulties and had limited resources to expand its services. As such, Communauto believed in keeping CarShare operating by acquiring its assets and employees and merge it with Communauto, and its subsidiary VrtuCar in Ontario.

Product Offering

  • COMMUNAUTO
    • MaaS

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