getaround

Car-sharing company Getaround cuts one-third of US workforce

Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is cutting 30% of its North American workforce as part of a restructuring. The company said in a sta

Getaround’s Q3 earnings delight investors, but the company isn’t out of the woods yet

Peer-to-peer carsharing company Getaround has filed its first earnings report since going public a year ago via a SPAC combination. The company’s third-quarter earnings report details a company seei

Getaround aims to scale car-sharing platform with HyreCar acquisition

Peer-to-peer car-sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car-sharing marketplace, for $9.45 million. Getaround expects to realize up to $75 million of ru

What’s Turo worth?

Turo could be the first out of the IPO gate when the public-offering window reopens.

Car-sharing SPAC Getaround lays off 10% of staff

Peer-to-peer car-sharing company Getaround is laying off 10% of staff starting Thursday. The layoffs are part of a restructure aimed to put Getaround on the path to “sustainable profitability an

Car-sharing platform Getaround gets delisting warning from NYSE

The New York Stock Exchange has issued a delisting warning to peer-to-peer car rental company Getaround for trading too low, according to the company. Getaround debuted on the public markets in Decemb

Why the SPAC route makes sense for Getaround

Despite the falling value and generally poor performance of SPAC listings, there's a simple argument for Getaround's SPAC deal.

Getaround braves chilly public markets with SPAC combination

Why did Getaround go public, and why has the reaction to its SPAC combination been so negative, so quickly?

Peer-to-peer car rental startup Getaround fined nearly $1M by DC’s attorney general

Getaround was fined nearly $1 million by the Washington, D.C. Office of the attorney general for operating without a license and other violations, part of a settlement of what the peer-to-peer car ren

The venture firm SOSV has hired former TechCrunch COO Ned Desmond to help grow its startups

Ned Desmond, a longtime publishing executive who spent more than half a dozen years at Time Inc. before becoming the chief operating officer of both TechCrunch and Engadget for more than eight years,

Turo puts $1 million toward helping Black people make money sharing cars

Car-sharing marketplace Turo has teamed up with Kiva to offer interest-free loans to Black people and folks from traditionally underserved communities to buy cars and then share them on Turo. The $1 m

Getaround tops up $25M debt financing to its $140M Series E

Silicon Valley peer-to-peer car rental startup Getaround has secured a $25 million loan from Horizon Technology Finance Corporation. The financing announcement comes one month after Getaround raised $

Daily Crunch: Zoom launches its events marketplace

Zoom has a new marketplace and new integrations, Spotify gets a new format and we review Microsoft’s Surface Laptop Go. This is your Daily Crunch for October 14, 2020. The big story: Zoom launch

Getaround raises a $140 million Series E amid rebound in short-distance travel

Amid a rebound in short-distance travel, Getaround, a Silicon Valley car rental startup, has raised some new money to meet demand. The startup, which allows customers to instantly rent cars near them

Ade Ajao, Maryanna Saenko, Charles Hudson, Ulili Onovakpuri and Melissa Bradley are coming to Disrupt

At TechCrunch Disrupt, our Startup Battlefield event is the centerpiece of the event, the true heart of this signature program. There’s good reason we take it so seriously. Over the years, the S

72 hours left to apply to Startup Battlefield at Disrupt 2020

Get featured in front of the largest TechCrunch Disrupt audience in history. The opportunity clock is ticking, and you have just 72 hours left for a chance to compete head-to-head against top startups

The great unicorn retreat

Today we're taking stock of what's happening to a number of unicorns, both public and private.

Casper winds down European operations and lays off 78 people

Mattress company Casper is shutting down its European operations and laying off 78 people as it focuses on “achieving profitability,” according to a statement by the company. The layoff impacts 21

GM exits car-sharing business and shuts down Maven

GM’s experiment with car sharing is over. The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. Maven had paused service due to the COVID-19

The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19

Hi, and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages travel from Point A to Point B. I’m your host Kirsten Korosec, senior transportation report
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