How much is Turo worth
IAC owns a ~27% equity stake in Turo As of the end of Q3/22, IAC holds a 26.7% interest in Turo on a fully diluted basis in the form of preferred shares. Turo is a privately owned company providing peer-to-peer car sharing marketplace akin to what airbnb provides for real estate rentals. Per Turo’s preliminary proxy […]
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