Getaround Inc

Getaround, Inc. engages in the provision of car rental services. It offers digital rentals across 8 countries worldwide, including the United States and across Europe. The company is headquartered in San Francisco, CA.

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Getaround, Inc. engages in the provision of car rental services. It offers digital rentals across 8 countries worldwide, including the United States and across Europe. The company was founded in September 2009 and is headquartered in San Francisco, CA.

HyreCar Inc

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.

Getaround car-sharing platform gets a pick-up by acquiring HyreCar

Getaround (NYSE: GETR ) stock is getting a boost on Friday after the company announced its intention to acquire HyreCar (OTCMKTS: HYRE ). This deal has Getaround agreeing to acquire substantially all of the assets of HyreCar for $9.45 million.

Why Is Getaround (GETR) Stock Up 104% Today?

Shares of car-sharing company Getaround Inc. GETR, -6.20% rose 116% in premarket trading after the company said late Thursday it plans to buy all of the assets of HyreCar Inc. HYREQ, +3.70% for $9.45 million.

Getaround stock soars on deal news and Blue Bird gets a lift from sales outlook

Peer-to-peer car sharing company Getaround said Thursday it will acquire the assets of HyreCar, another car sharing marketplace, for $9.45 million. Getaround expects to realize up to $75 million of run rate annualized gross booking value from the deal, which the company says will contribute to positive adjusted EBITDA profitability.

Getaround aims to scale car-sharing platform with HyreCar acquisition

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 all of the assets of HyreCar Inc. HYREQ, +3.70%, which offers car rentals for gig-economy drivers, for $9.45 million. The acquisition is expected to accelerate Getaround's “path to profitability,” the company said.

Getaround stock rallies more than 40% after HyreCar deal

HyreCar

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR), the world's first connected carsharing marketplace, today announced the company is acquiring substantially all of the assets of HyreCar (OTC: HYRE), a premier gig carsharing marketplace, for an aggregate purchase price of $9.45 million. The acquisition is expected to add up to $75 million of run-rate annualized Gross Booking Value and to contribute positive Adjusted EBITDA, accelerating Getaround's path to profitability. Adjusted EBITDA is.

Getaround Acquires HyreCar Assets to Accelerate Profitability Path and Fortify Worldwide Gig Carsharing Leadership Position

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR), the world's first connected carsharing marketplace, today announced new onboarding incentives to reaffirm its commitment towards making carsharing easier – not harder – for its Hosts (car owners). Following an industry competitor's recent departure from CarSync and other fleet management tools, Getaround is pleased to offer the following onboarding incentives to owners who used CarSync and are now ready to move their fleets over to Getarou.

Getaround Reaffirms Commitment as the True Open Carsharing Marketplace with New Onboarding Incentives

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--Tenet Energy Inc. (“Tenet”), a leading climate-financing platform, announced today that it has partnered with Getaround, the world's first connected carsharing marketplace, to help individual commercial fleet owners finance electric vehicles (EVs). With the new partnership, Tenet now offers Getaround hosts (car and fleet owners) innovative financing options that make owning an EV simple and more affordable. Through this first-of-its-kind program, Getar.

Tenet and Getaround Partner to Accelerate Electric Vehicle Adoption for Business Owners

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR) (“Getaround” or “the Company”), the world's first connected carsharing marketplace, today announced that on April 18, 2023, it received notice from the New York Stock Exchange (“NYSE”) indicating that Getaround was not in compliance with the continued listing standard set forth in Section 802.01E of the NYSE Listed Company Manual, which requires timely filing of all required periodic reports with the Securities and Exchange Commission (the.

Getaround Receives Continued Listing Standard Notice from NYSE Related to Delayed Filing of Annual Report on Form 10-K

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SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR), the world's first connected carsharing marketplace, today announced a special Earth Day promotion that offers new guests in the United States 20% off (up to $20) per trip, which can be used up to five times ($100 value) during the four-week period from April 13 to May 7.

Getaround Reveals Earth Day Plans to Support Guests' Wallets and The Planet

SAN FRANCISCO--(BUSINESS WIRE)--Getaround, Inc. (“Getaround” or “the Company”), the world's first connected carsharing marketplace, today announced selected preliminary unaudited financial results for its full year ended December 31, 2022 and provided an initial outlook for the full year 2023.

Getaround Announces Preliminary Financial Results for the Full Year 2022 and Provides Full Year 2023 Outlook

SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--Getaround Announces Expanded Rollout of Carshare Partnership with the New York City Department of Transportation

Getaround Announces Expanded Rollout of Carshare Partnership with the New York City Department of Transportation

SAN FRANCISCO & LAS VEGAS--(BUSINESS WIRE)--Getaround (NYSE: GETR), the world's first connected carsharing marketplace, today announced its collaboration with the City of Las Vegas to increase residents' access to reliable transportation through carsharing, addressing issues related to local area traffic, pollution, and greenhouse gasses.

Getaround Brings Connected Carsharing To Las Vegas

Peer-to-peer car-sharing company Getaround is laying off 10% of staff starting Thursday. The layoffs are part of a restructure aimed to put Getaround on the path to “sustainable profitability and long-term growth,” the company said in a statement.

Car-sharing SPAC Getaround lays off 10% of staff

SAN FRANCISCO--( BUSINESS WIRE )--Getaround (NYSE: GETR) (“Getaround'' or “the Company”), the world's first connected carsharing marketplace, today announced the Company will streamline operations and reduce costs to achieve a leaner path to profitability. These changes also include a workforce reduction, effective immediately, that impacts approximately 10% of the Company's current staff. The restructuring plan also includes significant reductions to other operating expenses, including reducing the Company's contract workforce, and outside professional services. This revised global business strategy is intended to fortify the Company's path to achieve sustainable profitability and long-term growth. Together, these reductions to the Company's operating expenses are estimated to result in cost savings of between $25 and $30 million on an annualized run-rate basis.

Getaround Announces Restructuring Plan to Reduce Costs and Streamline Operations

The New York Stock Exchange has issued a delisting warning to peer-to-peer car rental company Getaround for trading too low, according to the company. Getaround debuted on the public markets in December after merging with a special purpose acquisition company (SPAC).

Car-sharing platform Getaround gets delisting warning from NYSE

SAN FRANCISCO--( BUSINESS WIRE )--Getaround (NYSE: GETR) (“Getaround” or “the Company”), the world's first connected carsharing marketplace, today announced that on January 30, 2023, it received notice from the New York Stock Exchange (“NYSE”) indicating that Getaround is not in compliance with NYSE's continued listing standards because the average closing price of Getaround's common stock was less than $1.00 over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of Getaround's common stock from the NYSE.

Getaround Receives Continued Listing Standard Notice from NYSE

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SAN FRANCISCO--( BUSINESS WIRE )--Getaround (NYSE: GETR) (“Getaround” or “the Company”), the world's first connected carsharing marketplace, today announced it has hired Brian Jackson as Senior Vice President of Engineering. Bringing more than 35 years of experience to Getaround, Jackson took up his new role in January of this year.

Getaround Expands Leadership Team, Appoints Brian Jackson as Senior Vice President of Engineering

Getaround (NYSE: GETR ) stock is on the move Thursday despite a lack of recent news concerning the car-sharing service. Instead, investors will note that the company's shares have been on a wild ride since completing its special purpose acquisition merger (SPAC) last week.

News for Getaround Inc Stock (GETR)