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Jan 11, 2022 · The company proposes to sell $100 million of stock, but that figure could change as Turo gets closer to its public debut. Founded in 2010, the San Francisco-based company allows people to...
- Andrew J. Hawkins
Jan 10, 2022 · (Reuters) -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,...
Aug 9, 2024 · Turo said it swung to $9.92 million in net income in the first half of 2024, after losing $22.92 million in the year-ago period. Revenue for the first six months of 2024 rose 9.7% to $452.72...
Feb 21, 2024 · Turo’s financial trajectory reveals a blend of remarkable revenue growth coupled with profitability concerns. The company saw its revenue soar from $469 million in 2021 to $746.6 million in 2022, with U.S. sales in April 2022 being 419% higher than in April 2019.
Apr 3, 2024 · Read on to learn more about Turo's prospects for becoming a publicly traded company, how to buy its stock when it goes public, its profitability, and whether you should invest in it when its...
Jan 10, 2022 · Turo, based in San Francisco, filed to sell up to $100 million worth of shares, although that figure is often a placeholder used to calculate fees.
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Mar 27, 2023 · Here are the broad strokes: In 2022, Turo’s revenues grew 59% to $746.6 million from $469 million in 2021. The company’s performance in the last two years represents a dramatic change from...
