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Sep 21, 2021 · With their Turo rental, the woman and her daughter explored the city and lived their rockstar dreams. Through Turo, the pair were able to find a vehicle that shines. As a man walks out of his home, a shiny sports car pulls into his driveway with two passengers inside.
Dec 8, 2017 · You might have seen your favorite car sharing company grace the small screen recently — starting in mid-November, Turo launched its first-ever television commercial! We’re thrilled to get our brand and our amazing community in front of more people and to tell the Turo story on a large scale.
- Quick Financial Breakdown
- Risk Factors
- Opportunities and Growth
First let’s take a look at the financials. In 2020, Turo generated net revenue of $149.9 million in 2020, a 6% growth from the previous year, according to the S-1. Net losses were $97.1 million in 2020, a slight improvement from the $98.6 million in net losses it had in 2019. Turo points to a couple of drivers of its revenue growth, notably a digit...
Risk factors facing the company include the obvious “what if people don’t use Turo” and “we face competition” from similar apps and traditional car rental companies. But a few others stick out. For one, Turo notes that the COVID-19 pandemic added volatility to its business. The company was forced to layoff staff and even closed its operations in Ge...
Despite potential risks, Turo estimates its current serviceable addressable market to be $146 billion and its total addressable market to be $230 billion. “We estimate that our $230 billion TAM includes $134 billion in North America, $65 billion in Europe, and $31 billion in the rest of the world (which consists of selected countries in which we be...
Sep 24, 2021 · Turo, a car rental company that allows private car owners to rent out their vehicles via an online and mobile interface in over 56 countries, promotes its mobile app in a new commercial. the spot, titled “Drive cars with soul,” features a man clad in a suit who rents a 1979 Volkswagen Westfalia and drives to the ocean for a surfing session ...
Feb 21, 2024 · Turo, a leading peer-to-peer car-share company, plans to go public with an IPO date tentatively set for mid to late 2024, after initially filing with the SEC in August 2021 and facing delays due to economic conditions.
People also ask
When will Turo go public?
Is Turo a publicly traded company?
Will Turo IPO in 2022?
When did Turo go public?
How did Turo perform in 2022?
Is Turo a profitable Car-Share Company?
Jun 23, 2023 · Turo is the world’s largest peer-to-peer car-sharing marketplace with a selection of over 1,400 makes and models in over 11,000 cities with the goal of minimizing the 95% average idle...
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related to: turo (company) commercial 2021USAA® Members Who Switched Saved an Average of $725 on Their Car Insurance. What You're Made of, We're Made For. Find Out How USAA® Auto Insurance is Made For You.