Turo and Uber bring peer-to-peer car sharing to Uber Rent
Rhea-AI Summary
Uber Technologies (NYSE: UBER) and Turo have announced a significant partnership, integrating Turo's peer-to-peer car sharing marketplace into the Uber Rent platform across the United States. The collaboration allows Uber users to access and rent from Turo's diverse fleet of over 1,600 vehicle makes and models directly through the Uber app.
The integration requires users to download the Turo app for trip management and host communication. Starting summer 2025, Uber One members will earn 10% credits on Uber Rent bookings, including Turo rentals. The service will be available nationwide, except for Oregon, New York, and Washington.
This strategic partnership aims to modernize vehicle access and reduce traditional car ownership dependency by providing more flexible rental options within Uber's ecosystem.Positive
- Integration expands Uber's service offerings and revenue streams through car sharing
- Partnership provides access to over 1,600 vehicle makes and models
- 10% Uber One credits incentivize user engagement and platform loyalty
- Nationwide availability (except 3 states) enables broad market reach
Negative
- Service unavailability in three major states (Oregon, New York, and Washington) limits market reach
- Requirement to download separate Turo app may create friction in user experience
News Market Reaction
On the day this news was published, UBER declined 0.28%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Uber customers throughout the
Reinforcing the joint commitment to modernizing access to vehicles and reducing dependence on traditional car ownership, Uber Rent users across the country can now browse and book from Turo's extraordinary selection of vehicles, including more than 1,600 makes and models, seamlessly within the Uber app, unlocking more personalized and flexible rental options.
"Our partnership with Uber is rooted in a shared vision to unlock better car access for everyone," said Turo Vice President, Business and Corporate Development, Andro Vrdoljak. "Now, customers are able to access tens of thousands of Turo vehicles on Uber Rent in the
The new integration allows Uber users to discover and reserve Turo cars directly in the Uber app.* Guests are prompted to download the Turo app ahead of their trip to manage details like pickup, communication with the host, and trip logistics, ensuring a seamless in-app experience powered by Turo's trusted host network and robust safety standards.
"We're excited to bring the Turo experience to Uber Rent in the
Planning a getaway? Starting this summer, members can earn
*Excluding
About Turo
Turo is the world's largest car sharing marketplace, where you can rent the perfect car for wherever you're going from a vibrant community of trusted hosts across the US,
With an unwavering mission of putting the world's 1.5 billion cars to better use, Turo unlocks the hidden value in idle and underutilized assets, empowering anyone to get in the driver's seat. Find your drive® — Turo.
To learn more about Turo, please visit www.turo.com.
About Uber
Uber's mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 61 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.
Media Contacts
Turo Media Team
press@turo.com
Uber Communications
press@uber.com
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SOURCE Turo Inc.