New Zealand markets closed
  • NZX 50

    11,205.07
    -38.22 (-0.34%)
     
  • NZD/USD

    0.5926
    -0.0024 (-0.41%)
     
  • NZD/EUR

    0.5658
    -0.0015 (-0.27%)
     
  • ALL ORDS

    7,151.50
    -84.00 (-1.16%)
     
  • ASX 200

    6,954.20
    -79.00 (-1.12%)
     
  • OIL

    88.26
    -0.56 (-0.63%)
     
  • GOLD

    1,836.70
    -10.50 (-0.57%)
     
  • NASDAQ

    14,837.57
    +122.33 (+0.83%)
     
  • FTSE

    7,510.72
    -97.36 (-1.28%)
     
  • Dow Jones

    33,433.35
    -74.15 (-0.22%)
     
  • DAX

    15,247.21
    -139.37 (-0.91%)
     
  • Hang Seng

    17,276.09
    -533.57 (-3.00%)
     
  • NIKKEI 225

    31,329.48
    -430.40 (-1.36%)
     
  • NZD/JPY

    88.7420
    -0.3580 (-0.40%)
     

Uber Issues a Major Challenge to Popular Car Rental App Turo

Uber Issues a Major Challenge to Popular Car Rental App Turo

Last year, the popular ride-sharing company announced that it was renaming the acquisition to Uber Carshare as it prepared to expand beyond Australia. This latest update positions Uber as a competitor for established car-sharing app Turo, which currently has its sights set on going public. Turo launched in 2010 and is available across the U.S., U.K., Australia and parts of Canada.