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Car-sharing start-up Turo raises $250m from US investing giant IAC

Car-sharing start-up Turo raises $250m from US investing giant IAC

The Telegraph - By Matthew Field

Car-sharing start-up Turo has raised $250m (£200m) from the US investor behind internet companies including Match Group. The deal gives Turo, which lets car owners rent out their cars on-demand to travellers or tourists, a valuation in excess of $1bn. It is the latest major investment for New …

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