World’s leading peer-to-peer car-sharing app accelerates expansion into Scotland off the back of demand Setting out to put Scotland’s 2.9 million* cars to better use, and unlock a new earning stream for Scottish drivers, peer-to-peer car sharing app Turo has launched in the north today, bringing a 10 million-strong community with it. Revolutionising the economics […]
Turo takes over car-sharing service easyCar Club
Turo, the world’s largest peer-to-peer car-sharing marketplace, today, announced that it is taking on the users of easyCar Club, from the EasyGroup backed by Sir Stelios, bringing the entire customer base of over 80,000 seasoned hosts and users over to the Turo platform.
Following two successful city launches in London and Manchester last year, securing easyCar Club is a continuation of Turo’s ambitious UK growth strategy, as it continues to drive forward with its nationwide expansion plans.
Turo is a pioneer of the sharing economy, providing users with an easy and convenient car-sharing service that allows ‘guests’ to book cars at very competitive prices.
Turo’s growth has doubled year on year, with ten million users and 350,000 cars across 38 countries. Their growth strategy, to acquire local talent and business, is part of the company’s plans to launch in more cities across the UK and globally.
Since Turo’s UK launch in September 2018, the platform has over a thousand cars and 75,000 users in the UK market.
Turo CEO Andre Haddad commented,
“We’ve had a really positive response to Turo in the UK since we launched last year, and acquiring easyCar Club felt like a natural continuation of our growth.
“easyCar Club represented an innovative venture by Sir Stelios Haji-ioannou’s easyGroup — owner of the easy brand, which includes companies such as easyJet and easyHotel in its stable — and we’re honored that the easyGroup leadership trusted Turo to take up their mantle, citing our robust community and global car sharing options for their member-base as key differentiators. We’re looking forward to getting easyCar users on board – 2019 is going to be an exciting year for the platform as we bring the Turo experience to more and more cities across the UK and put the world’s one billion cars to better use.”
easyCar Chairman, Rogan Angelini-Hurll commented,
“Stelios and I are passionate about ensuring the best opportunities are provided to our members and that’s why we chose to work with Turo. Their benefits, speed and responsiveness mean they’re the perfect community and global choice for our members This deal offers Car Club the best opportunity for growth with the world’s leading car-sharing company.”
Turo’s investors include some of Silicon Valley’s most notable venture capital firms, including Kleiner Perkins, August Capital and Google Ventures. Turo raised $110 million USD in the last Series D financing round in September 2017, including from Daimler-Benz AG and Amex Ventures, bringing Turo’s total funding to $205 million USD.
Turo is also offering to match easyCar hosts’ first £100 they earn and guests will receive £30 in Turo travel credit to use toward their first trip*.