Turo's 2024 Profit Dips Despite Positive Earnings
Turo's net income hit $19.4M in the first nine months of 2024, with adjusted EBITDA of $47.6M. Discover how these figures compare to 2023's performance.
Topic
Turo
A collection of 14 issues
Security Concerns Rise as Turo Reports Profit Decline
Turo faces security scrutiny after its vehicles were linked to attacks in Las Vegas and New Orleans. The company also reported a drop in profitability for 2024.
Turo Raises $500M, Files for IPO in 2022
Peer-to-peer car rental platform Turo secures $500 million in funding and files an S-1 for an anticipated IPO in 2022, though the date is yet to be set.
Turo Confirms Rental Cars Used in Las Vegas and New Orleans Attacks
Turo, a peer-to-peer car rental service, verified that vehicles involved in incidents in Las Vegas and New Orleans were rented through its platform. Read more about the implications.
Turo's Platform Under Scrutiny After Vehicle Misuse in Deadly Attacks
Turo faces safety and security concerns as its platform was linked to vehicles used in deadly attacks, highlighting risks in online car rental services.
Safety Concerns Impact Turo's Reputation
Turo faces negative sentiment amid safety concerns following recent attacks. Discover how these incidents affect the car-sharing platform's image.
Turo's IPO Plans Hit Roadblocks Amidst Investor Concerns
Turo, the car-sharing giant, plans to go public but faces significant challenges that may impact investor confidence. Discover the events affecting Turo's IPO journey.
Unrelated Vehicle Attacks Involve Turo Rentals
The FBI confirms two unrelated attacks, both involving vehicles rented via Turo, raising concerns over rental safety and security. Stay informed on this developing story.
Turo's Risk Score Under Fire Amid Controversy
Turo's Risk Score algorithm faces criticism after recent incidents. Discover how this evaluation tool impacts drivers and the car-sharing community. Keywords: Turo, Risk Score, algorithm, drivers, incidents.
Turo Faces PR Crisis After Rental Cars Used in Attacks
Turo Inc. faces public relations challenges after rental cars were used in deadly attacks in Las Vegas and New Orleans. Discover the impact on Turo’s reputation.