Articles tagged “Turo”

News Blog

Turo Saw Rise in Electric Vehicle Demand Over Summer

Turo, the peer-to-peer car rental startup, has seen an uptick in electric vehicle use for summer road trips. The platform's "electric" filter saw a 139% increase in use during listing searches, according to Turo's Chief Data Officer, Albert Mangahas who confirmed Turo guests made summer bookings in 2,700 different cities and towns for travel between June 1 and…

Selene Brophy | 8 months ago

Ground Transport

Turo’s Road to Carshare Profitability Seems Endless

If carsharing platform Turo can't make a profit in a red-hot rental car market like 2021, when will it?

Sean O'Neill | 2 years ago

Turo’s Road to Carshare Profitability Seems Endless

Online Travel

Travel-Hungry SPAC Altitude in Talks to Take SoftBank-Backed Car Sharer Getaround Public

Altitude is a SPAC, or special purpose acquisition company, led by Gary Teplis, the CEO of corporate travel agency Teplis Travel. If Reuters' report is true, Altitude might take Getaround, a carsharing service, public in a multi-billion-dollar deal.

Krystal Hu, Reuters | 3 years ago

Travel-Hungry SPAC Altitude in Talks to Take SoftBank-Backed Car Sharer Getaround Public

Coronavirus

Why 2021 Is the Year of the Travel IPO

So far this year, a dozen travel companies went public or made plans to do so. A couple of them may shine. But the odds are stacked against this year's IPOs, on average, over the long term. Find out why.

Sean O'Neill, Skift | 3 years ago

Why 2021 Is the Year of the Travel IPO

Tourism

Travel Brands Getting the Biggest Boost From U.S. Stimulus Check Spending

New U.S. spending data suggests that some brands, such as Enterprise, Vrbo, and JetBlue, had a better first half of 2021 than their rivals. The travel industry as a whole should be grateful for the U.S. federal stimulus checks to consumers.

Sean O'Neill, Skift | 3 years ago

Travel Brands Getting the Biggest Boost From U.S. Stimulus Check Spending

Online Travel

Travel IPOs to Watch for in 2021

Enthusiasm for IPOs is booming in the wake of Airbnb's sensational debut as a public company. But only a handful of startups, possibly including Turo, Traveloka, Yanolja, Gett, Tujia, SiteMinder, Sonder, and Vacasa, may have enough positive growth in 2021 to woo investors.

Sean O'Neill, Skift | 3 years ago

Travel IPOs to Watch for in 2021

Ground Transport

Car-Sharing Startups BlaBlaCar and Turo Use NonTraditional Strategies to Boost Usage

Car-sharing marketplaces are finding that partnerships with automotive leasing companies and insurers may be a more cost-effective way to get the word out about their services than using traditional digital marketing efforts.

Sean O'Neill, Skift | 7 years ago

Car-Sharing Startups BlaBlaCar and Turo Use NonTraditional Strategies to Boost Usage