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    • Fee-based model

      • Turo generates revenue through a fee-based model, capitalizing on its role as an online marketplace. In the case of Turo, the platform serves as a connection between car owners (hosts) and individuals seeking to rent vehicles for a specific duration (customers or members).
      digitalenterprise.org/models/turo/

      Turo Business Model: A Deep Dive - Digital Enterprise

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  3. productmint.com › turo-business-model-how-doesThe Turo Business Model – How Does Turo Make Money?

    Dec 9, 2022 · Turo Funding, Revenue & Valuation. Turo, according to Crunchbase, has raised a total of $502.6 million across 13 rounds of venture capital funding. Notable investors include Allen & Company, Manhattan Venture Partners, IAC, Kleiner Perkins, Daimler, and many others.

  4. 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 ...

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  6. moneymodels.org › business-models › how-does-turoHow Does Turo Make Money? [Turo Business Model]

    Turo makes money by charging trip hosts a commission of around 25% on each rental transaction. Guests are also charged a trip fee between 2.5% to 100% of the trip price depending on the Turo Risk Score with a minimum of $15.

  7. 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.

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

    Nov 7, 2022 · Turo business model is a peer-to-peer (P2P) car-sharing service, that makes money through commissions from Rental Fees.

  9. digitalenterprise.org › models › turoTuro Business Model: A Deep Dive - Digital Enterprise

    Turo generates revenue through a fee-based model, capitalizing on its role as an online marketplace. In the case of Turo, the platform serves as a connection between car owners (hosts) and individuals seeking to rent vehicles for a specific duration (customers or members).

  10. www.reuters.com › markets › europeCar sharing startup Turo reveals revenue surge in IPO filing

    Jan 10, 2022 · Daimler AG-backed car sharing marketplace Turo Inc on Monday made public its filing for a stock market flotation in the United States and disclosed its finances for the first time, revealing a...

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