Turo on Thursday withdrew its plans for an IPO, ending a three-year wait to bring the online car-sharing network to the ...

Peer-to-peer car rental platform Turo became the latest venture unicorn to withdraw plans for a public offering.

Turo isn't going public anymore. The car-sharing marketplace has a similar business model to Airbnb, allowing users to rent vehicles directly from their owners. The app was launched into headlines ...

Turo Inc has filed to withdraw its IPO plans, according to a recent SEC filing. Initially submitted in January 2022, the company now states it doesn't wish to proceed with a public offering at this ...

Turo has close to 1,000 employees and was valued at $1.5 billion in 2020, per PitchBook. The company registered for an IPO in 2021 but has not yet gone public. In September, Turo announced a ...

according to a securities filing for its planned IPO. The company doesn’t own any rental cars itself. Instead, Turo lets car owners list their vehicles for rent by other people, and the company ...

If carsharing platform Turo can't make a profit in a red-hot rental car market like 2021, when will it? Share When Turo filed to go public this month, the car-sharing marketplace included a few ...

Car-rental app Turo Inc. has ridden more than a decade’s worth of positive developments to financial growth and a billion-dollar valuation. Now it has found itself under the spotlight after two ...

Turo, an online car rental marketplace ... It needs to scale up globally to thrive. An IPO could help it do that. The company recently said that its transactions are back to pre-crisis levels ...

Turo responded it is cooperating with law enforcement ... The company was widely anticipated to go public this year, having initially filed for an IPO in 2022. The owner of the Ford pickup truck ...