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RelayRides Re-Branded the Name of Company as ‘TURO’

As an example of the sharing economy that Relayrides offers share car and hire your car. Relayrides re-branded the name as Turo announced that we got $ 47 million series C investment from Kleiner Perkins Caufield & Byers.

Owen Castellanos
Owen CastellanosHardware & Gaming Reporter
1 min read
RelayRides Re-Branded the Name of Company as ‘TURO’

As an example of the sharing economy that Relayrides offers share car and hire your car.Relayrides re-branded the name as Turo announced that we got $ 47 million series C investment from Kleiner Perkins Caufield & Byers.

Relayrides which based in San Francisco in service for 6 years.They re-branded the name of company Turo which touring and the turism combination.It shows that Turo would get the wind back.Andre Haddad, the CEO of the company said that we chose the name would be a global tend.

Turo old named Relayrides bought the Wheelz to expand business worldwide in 2013.Now they try to expand business worldwide with the new investments.Its users are now making cars available at more than 300 airports around the country, and its peer-to-peer model means that renters typically get much better rates than when they rent from one of the traditional car agencies.

Name change and the new investment surely will effect the success of Turo.Hovewer they did not share the entire data of company.Turo only said that 60 percent of the income through tourists from outside the city.

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Owen Castellanos

Owen Castellanos

Hardware & Gaming Reporter

Owen Castellanos is the Hardware & Gaming Reporter at TrendinTech, where he tests graphics cards, processors, consoles and peripherals and follows the games industry, from the major publishers to independent studios. He previously wrote reviews and benchmarks for Tom's Hardware and contributed features to PC Gamer, covering everything from laptop testing to the economics of game development. Owen holds a Bachelor of Science in Electrical Engineering from the University of Texas at Austin and attends CES in Las Vegas, Computex in Taipei and the Game Developers Conference in San Francisco each year to meet chipmakers and developers. He writes for readers who want to know whether a product is worth the money, and he is not shy about saying when it is not.

All stories by Owen Castellanos (252)