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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 is a peer-to-peer car-sharing network that enables its users to borrow a vehicle from others or rent out their own. Turo makes money by charging various fees to both customers and hosts. The business model of Turo can be characterized as an online marketplace.

  4. 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.

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

    Oct 16, 2022 · How does Turo make money: revenue model. Turo made $150 Million in 2020, representing a 6% growth from $141.7 million in 2019. 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.

  7. 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.

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

    Mar 12, 2024 · From 2021 to 2023, Turo’s net revenues have grown nearly 88% to $879.6 million last year. The company has been profitable since 2021, and it has filed to go public. I talked to Fisher about...

  9. revenueandprofit.net › turo-business-modelTuro Business Model: How Does It Make Money ... - Revenues ...

    Jun 1, 2022 · Like most other online marketplaces, Turo makes money from various sources. It charges a fee every time there’s a booking. Both car owners and customers pay a fee. Turo keeps 25% of each booking. Turo Revenue, Funding, & Valuation. According to Crunchbase records, Turo has raised a total of $502.6 million so far.

  10. 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).

  1. Ad

    related to: How does Turo generate revenue?
  2. turo.com/Cars

    Book affordable cars on Turo - No more boring rental cars

    Browse a vast selection of cars, from daily drivers to supercars. Get cars delivered right to your door. No lines, no waiting, no headaches.

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