Turo, a car-sharing startup, has raised $250 million from IAC in a Series E funding round, which puts the company’s valuation at above a billion...
Forget car and truck rentals, at least for the moment. Subscription commerce is the coolest new thing in automotive retail. Enterprise Holdings reportedly is running...
Trust keeps the sharing economy afloat. It’s what makes sellers feel comfortable with lending their personal properties to buyers whom they have never met. It’s...
Drivezy, the car-sharing startup based in India, is in the process of raising $100 million in equity funding and $400 million in asset financing as it...
The coming year will bring not only advances in the connected vehicle ecosystem — changes that will directly involve payments and commerce — but further...
BMW has launched a ride-hailing service in the Chinese city of Chengdu, the company reported. The luxury car brand is the first foreign company to...
Chinese bike-sharing company Mobike might be looking to spin off its European arm after it was revealed that it’s being investigated for possible breach of the...
For decades, it stood as a rite of passage for so many consumers: buying one’s first car. However, according to many experts, vehicle ownership has...