Dealer Tire invests in SimpleTire

Dealer Tire, LLC has announced that it is making “a significant investment” in SimpleTire, a Philadelphia-based online tyre retailer that has developed an e-commerce platform and network of independent tyre distributors. Terms of Dealer Tire’s investment were not disclosed. The news follows Dealer Tire’s decision to invest in Tyrata – a Duke University tyre sensor and data startup – in February 2018.

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