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Airbnb For Cars: Turo Is Set To Become 2022's First Blockbuster IPO

United States Airbnb Turo

By Peter Jobes

Car sharing marketplace, Turo Inc has launched its filing for a stock market floatation in the United States. The Daimler AG-backed startups also revealed its finances for the first time, highlighting a 207% jump in revenue in 2021. With the company well on the road to profitability, Turo’s debut looks set to become 2022’s first major listing. But is it a solid buy opportunity for investors?

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