getaround
Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is cutting 30% of its North American workforce as part of a restructuring.…
Getaround’s Q3 earnings delight investors, but the company isn’t out of the woods yet
Peer-to-peer carsharing company Getaround has filed its first earnings report since going public a year ago via a SPAC combination. The company’s third-quarter earnings report details a company seeing quick…
Peer-to-peer car-sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car-sharing marketplace, for $9.45 million. Getaround expects to realize up to $75 million of run rate…
Turo could be the first out of the IPO gate when the public-offering window reopens.
Peer-to-peer car-sharing company Getaround is laying off 10% of staff starting Thursday. The layoffs are part of a restructure aimed to put Getaround on the path to “sustainable profitability and…
The New York Stock Exchange has issued a delisting warning to peer-to-peer car rental company Getaround for trading too low, according to the company. Getaround debuted on the public markets…
Despite the falling value and generally poor performance of SPAC listings, there’s a simple argument for Getaround’s SPAC deal.
Why did Getaround go public, and why has the reaction to its SPAC combination been so negative, so quickly?
Getaround was fined nearly $1 million by the Washington, D.C. Office of the attorney general for operating without a license and other violations, part of a settlement of what the…
Ned Desmond, a longtime publishing executive who spent more than half a dozen years at Time Inc. before becoming the chief operating officer of both TechCrunch and Engadget for more…
Car-sharing marketplace Turo has teamed up with Kiva to offer interest-free loans to Black people and folks from traditionally underserved communities to buy cars and then share them on Turo.…
Silicon Valley peer-to-peer car rental startup Getaround has secured a $25 million loan from Horizon Technology Finance Corporation. The financing announcement comes one month after Getaround raised $140 million from…
Zoom has a new marketplace and new integrations, Spotify gets a new format and we review Microsoft’s Surface Laptop Go. This is your Daily Crunch for October 14, 2020. The…
Amid a rebound in short-distance travel, Getaround, a Silicon Valley car rental startup, has raised some new money to meet demand. The startup, which allows customers to instantly rent cars…
Ade Ajao, Maryanna Saenko, Charles Hudson, Ulili Onovakpuri and Melissa Bradley are coming to Disrupt
At TechCrunch Disrupt, our Startup Battlefield event is the centerpiece of the event, the true heart of this signature program. There’s good reason we take it so seriously. Over the…
Get featured in front of the largest TechCrunch Disrupt audience in history. The opportunity clock is ticking, and you have just 72 hours left for a chance to compete head-to-head…
Today we’re taking stock of what’s happening to a number of unicorns, both public and private.
Mattress company Casper is shutting down its European operations and laying off 78 people as it focuses on “achieving profitability,” according to a statement by the company. The layoff impacts…
GM’s experiment with car sharing is over. The automaker Tuesday said its Maven car-sharing service, which launched in 2016, will shut down for good. Maven had paused service due to…
The Station: Via hits $2.25B valuation, letters from readers, layoffs in a time of COVID-19
Hi, and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages travel from Point A to Point B. I’m your host Kirsten Korosec,…
Early-stage founders: Don’t miss your chance to follow in the footsteps of tech giants. We know COVID-19 has created challenges for startup founders, but fear not. Disrupt SF is still…
This morning, let’s remind go over what happened in the first wave of recent unicorn layoffs (Zume, Oyo, Uber, etc) and how it compares to what is happening today as…
Are January layoffs just a few post-WeWork jitters? TechCrunch has found itself writing about layoffs at a few notable tech companies this week — and not just SoftBank-backed ones. The…
This week we’ve covered layoffs at unicorns both inside the Vision Fund and out. This afternoon we add two more to our list: Oyo and Rappi. The staff reductions are…
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. A million dollars isn’t cool. You know what’s cool? Positive…
Silicon Valley’s top valued car rental startup, Getaround, announced layoffs today, making it the latest SoftBank-backed entity of late to pare down its workforce. The Information, which first reported the…
European peer-to-peer car rental service Drivy has a new name. It is now called Getaround, which shouldn’t surprise anyone who has been following Drivy’s recent news. Back in April, Getaround…
And the next car-sharing unicorn is…
Featured Article
What happened to the sharing economy?
A few years ago, Silicon Valley couldn’t stop using a trendy buzzword — the sharing economy. The good old top-down economic model with a clear separation between service providers and clients was falling apart. And huge tech companies disrupted entire industries, from Airbnb to Taskrabbit, Uber, Etsy and Getaround. When…
Will transportation technologies become the industry disruptors many pundits suggested they would?
