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HYREQ / 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. San Francisco-based Getaround said that it expects to realize up to $75 million of run rate annualized gross booking value from the deal, which will contribute to positive adjusted EBITDA, or earnings before interest, taxes, depreciation and amortization, profitability. Read More

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Posted: May 12 2023, 10:06

Author Name: Proactive Investors

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

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