Times of Israel reports, speaking publicly for the first time since inking a deal with Google to sell the traffic application Waze for $1.3 billion last week, one of the firm’s founders said there was still much work to do.
“We only have 51 million users. There are a billion cars in the world so we have a long way to go,” Waze co-founder and president Uri Levine told the Globes financial daily on Wednesday, says Times of Israel.
Levine, who also spoke at an event at the Technion – Institute of Technology in Haifa Wednesday, notes Times of Israel, said he thought Google could help Waze capture a full 30 percent of the worldwide driving market.