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    • Charging a commission on each rental transaction

      • The core of Turo’s revenue comes from charging a commission on each rental transaction. Turo typically takes a 10-40% cut from the host’s earnings, depending on the level of protection plan chosen by the host. The higher the protection coverage, the higher the commission rate.
      oyelabs.com/turo-revenue-model-explained/

      Turo Revenue Model Explained – How Does Turo Make Money

  2. thestrategystory.com › 2022/10/16 › how-does-turoHow does Turo work and make money: Business Model

    Oct 16, 2022 · For the nine months that ended September 30, 2021, Turo generated net revenue of $330.5 million, representing 207% growth from $107.8 million for the same period in 2020. Turo primarily makes money from fees charged to both hosts and guests to complete a booking on its marketplace, or Marketplace Fees, and for value-added services such as ...

  3. oyelabs.com › turo-revenue-model-explainedTuro Revenue Model Explained – How Does Turo Make Money

    Nov 4, 2024 · The core of Turo’s revenue comes from charging a commission on each rental transaction. Turo typically takes a 10-40% cut from the host’s earnings, depending on the level of protection plan chosen by the host. The higher the protection coverage, the higher the commission rate.

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  5. www.forbes.com › sites › cfoTuro’s CFO Explains How They Grew Revenues 88% In 2 Years

    Mar 12, 2024 · Turo, which allows people to rent out personal vehicles, was able to fill the niche. From 2021 to 2023, Turo’s net revenues have grown nearly 88% to $879.6 million last year.

  6. medium.com › @kmanoraji308 › turos-business-modelTuro’s Business Model And Revenue Channel - Medium

    Sep 25, 2024 · How Do They Make Money? Commission Fee; Turo charges a commission fee from the renters as a percentage of the total rental price. And the fee can go up and down based on the duration and...

  7. tribuneinsights.com › turo-business-and-revenueTuro Business And Revenue Model Complete Analysis

    Apr 16, 2024 · We will explore how Turo works, how it generates revenue, key metrics around hosts and renters, factors impacting inventory and more. The goal is to understand every aspect of Turo’s approach to become the leading peer-to-peer car rental platform.

  8. www.dittofi.com › learn › turo-business-modelTuro’s business model - How they make money (2024) - Dittofi

    How Turo makes money - the commission model. Turo’s business model is simple to understand. The platform charges a commission fee whenever a car is rented on their marketplace. For instance, let’s suppose you want to rent out the Jeep Wrangler Unlimited 2021 for an adventure.

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  10. businessmodelanalyst.com › turo-business-modelTuro Business Model - How Turo Makes Money?

    Nov 7, 2022 · Turo is a peer-to-peer (P2P) car-sharing service based in San Francisco, California, which allows users to temporarily rent out their cars to other members for a rental fee. Let’s take a look at the Turo business model as well as how the company makes money.