Turo news and trends

Uber Driver Speeds Ahead in PYMNTS Provider Ranking of Gig Platform Apps
Gig Economy // February 13, 2024

After spending so much money on gifts these last few months, it’s time to bring in some extra cash, but where do you look? The PYMNTS Provider Ranking of Gig Platform Apps can help users find popular gig platforms.  This month our movement is reflected in the...

Uber Driver Cruising on Top in PYMNTS Provider Ranking of Gig Platform Apps
Gig Economy // January 17, 2024

The gig economy is ever-changing, but the PYMNTS Provider Ranking of Gig Platform Apps can help users stay up to date. This month we’ve seen a lot of the apps shifting up the rankings and making way for newcomers such as Amazon Flex. This is how...

DoorDash Trails Uber Driver in Latest Provider Ranking of Gig Platform Apps
Gig Economy // December 13, 2023

The gig economy allows workers control over their own employment while offering consumers choice and convenience. PYMNTS Provider Ranking of Gig Platform Apps, which uses monthly metrics to score related apps based on channel coverage, up-to-date downloads, average users and more, shows which of these...

Uber Driver Claims Top Spot in Provider Rankings of Gig Platform Apps
Gig Economy // November 10, 2023

Amid persistent inflation and economic uncertainty, gig work offers a way to pad our wallets and cushion our financial safety nets. With so many platforms to get a gig, it can be hard deciding which one is worth your time. Fortunately, PYMNTS has compiled the Provider...

Interviews & Exclusives
Early IPO Docket Points to Year of the Connected Economy

January 12, 2022
We’re just a few days into 2022, but if the recent spate of initial public offering (IPO) announcements and filings are any indication, it may be the case that 2022 shapes up on Wall Street as the year of the connected economy. And that connectivity, as reflected in the companies that are thus far coming […]

Will Turo IPO Plans Mark Milestone or Hurdle In Carsharing Industry’s Advance?

January 11, 2022
Platforms, in starkest terms, enable demand to meet supply. We’ve seen the dynamics across all manner of interactions, from vacation homes (Airbnb) to B2B to buying and selling non-fungible tokens...

How Airbnb, Lime, Turo, Fiverr And Newegg Are Using Instant Payments

August 08, 2019
Whether it’s a merchant or their customer, an employer or their employee — every party involved in a transaction wants to be paid immediately, without any hassles or surprises. That’s...

Quick Reads
Turo Submits Draft Registration For Proposed IPO

August 09, 2021
Carsharing firm Turo Inc., on Monday (Aug. 9) confidentially submitted a draft Registration Statement on Form S-1 with the Securities and Exchange Commission (SEC) for a planned initial public offering (IPO) of its common stock. As of the Monday filing, Turo hasn’t determined the number of shares to be offered or the price range for […]

Car Rental Startup Turo Plans 2021 Public Offering 

January 04, 2021
After a banner 2020, the car rental website Turo announced it is planning to pursue an initial public offering (IPO) in 2021, either traditionally or via a merger with a...

Carsharing Platform, Turo, Raises $250M And Becomes A Unicorn

July 17, 2019
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 dollars, according to reports. IAC...

Regulators Eye P2P Car-Sharing Platforms

June 20, 2018
Peer-to-peer car-sharing services might soon face the same regulation as traditional car rental companies. According to The Wall Street Journal, startups Turo and Getaround, which allow car owners to rent...