turo

Profitable car rental service Turo is still ready for an IPO, but its growth cratered in 2023

Turo, the venture-backed, peer-to-peer car rental service, reported its fourth-quarter and full-year financial performance this week in an updated IPO filing. The company first filed an S-1 to go publ

Turo’s Q1 2023 results indicate it may be a while until we see its IPO

Given Turo's slightly lower Q1 results, we doubt it will be racing out the door, ready to change the tenor of the IPO conversation anytime soon.

Turo is blocking access to third-party services and hosts are freaking out

Turo, the peer-to-peer car rental company, plans to block access to third-party services like CarSync and Fleetwire starting April 30, according to an email that hosts received and TechCrunch viewed.

What’s Turo worth?

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

Not all unicorns are in trouble, just a lot of them

Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the week

Turo just dropped its 2022 financials as its IPO hunt continues

Turo, a startup that allows consumers to rent their cars to one another, filed an update to its IPO paperwork Friday, detailing its full 2022 financial performance. The upshot? Turo has continued to g

Turo is expanding car-sharing to Australia

Turo, the peer-to-peer car-sharing platform that’s been described as the Airbnb for cars, will expand to Australia before the end of the year, the company said Tuesday. Local car owners in all m

Car-sharing startup Turo expands to New York and France

Peer-to-peer car-sharing company Turo is expanding to New York State and France in June, the company said on Wednesday. The expansion comes at a time when post/mid-COVID tourism is beginning to heat u

Turo’s S-1 filing shows that unicorns can slingshot out of the pandemic

The Turo income statement, once we beat back some non-cash costs muddying its bottom line, has me impressed.

Peer-to-peer car-sharing company Turo files IPO to go public

Peer-to-peer car-sharing startup Turo has released its filing to become a publicly traded company in the United States, a process the company began confidentially in August. The S-1 document filed Mon

Car-sharing startup Turo has filed confidentially for an IPO

Turo, the peer-to-peer car-sharing startup, has initiated the confidential process of filing for an initial public offering with the U.S. Securities Exchange Commission. The number of shares to be off

Human Capital: Uber’s Black employee base shrinks

Welcome back to Human Capital, where I break down the latest in diversity, equity and inclusion, and labor in tech. TL;DR: This week, Apple announced its third head of diversity and inclusion in four

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

The Station: Winners and losers in Paris, Rivian sets a delivery date, Waymo and FCA deepen ties

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox.  Hello and welcome back to The Stat

Data shows which tech roles might be most vulnerable amid layoffs

Layoffs are having a big impact on industries across the board due to COVID-19. This week alone news came out of massive cuts for TripAdvisor, Lyft, and reportedly Juul and Uber. But according to data

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

Maniv Mobility General Partner Olaf Sakkers is coming to TC Sessions: Mobility

In case you haven’t heard, TC Sessions: Mobility is back for a second year. This one-day event, which will be held May 14 in San Jose, promises to feature some of the best and brightest engineer

What the partnership at Trinity Ventures sees for the road ahead in 2020

Over the years, Trinity Ventures has racked up many exits for its limited partners. Through deals in consumer brands like Starbucks and Zulily and enterprise companies like TubeMogul and New Relic, th

Peer-to-peer car-sharing marketplace Turo raises $250M at over $1B valuation from IAC

Car-sharing startup Turo has raised $250 million in a Series E round of funding from IAC, the internet media company that owned and spun out Match.com and OkCupid. This round pushes Turo into unicorn
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