In today’s briefing:
- Turo IPO Preview: The Largest Car Sharing Marketplace in the World
Turo IPO Preview: The Largest Car Sharing Marketplace in the World
- Established in 2010, Turo has become the largest car sharing marketplace in the world. It is attempting to complete its IPO in a turbulent IPO market.
- Turo’s sales and profit growth skyrocketed in 2021. Its sales jumped by 206.5 YoY to reach $330.5 million in 1Q-3Q 2021.
- Since the company’s inception, hosts have earned more than $1.1 billion in aggregate on its platform.
Before it’s here, it’s on Smartkarma
