Subscribe To

Price Alert Latest News Economic Calendar News

HYREQ / Getaround aims to scale car-sharing platform with HyreCar acquisition

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 annualized gross booking value from the deal, which the company says will contribute to positive adjusted EBITDA profitability. Read More

Demo Live Account See Partner Details

Content Topics

Getaround

Aims

Scale

Car

Sharing

Platform

With

Hyrecar

Car sharing

Acquisition

Stock

HYREQ

Posted: May 12 2023, 00:00

Author Name: TechCrunch

HYREQ News

By Proactive Investors
May 12, 2023

Getaround car-sharing platform gets a pick-up by acquiring HyreCar

Getaround Inc said that it will scale its car sharing platform by acquiring the assets of HyreCar, another car sharing marketplace for $9.45 million.

By TechCrunch
May 12, 2023

Getaround aims to scale car-sharing platform with HyreCar acquisition

Peer-to-peer car sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car sharing marketplace, for $9.45 million. G

By Market Watch
May 11, 2023

Getaround stock rallies more than 40% after HyreCar deal

Shares of car-sharing company Getaround Inc. GETR, -6.20% rose more than 40% in the extended session Thursday after the company said it plans to buy a

Risk Disclosure:

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
We would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. We and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of us and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. We may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.