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Turo CEO Says IPO Had Become Distraction

Turo CEO Andre Haddad says plans for an IPO became a distraction as the company abandons its plans to go public. He joins Caroline Hyde and Jackie Davalos on “Bloomberg Technology”. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…

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Turo CEO Andre Haddad says plans for an IPO became a distraction as the company abandons its plans to go public. He joins Caroline Hyde and Jackie Davalos on “Bloomberg Technology”.
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2 Comments

2 Comments

  1. @flytoday

    February 19, 2025 at 4:24 pm

    Shit business model because clients keep wrecking cars

  2. @DropSixteenTV

    February 19, 2025 at 6:05 pm

    Is the business even viable for large investments? Anything can be IPO’d these days lol

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Xiaomi’s Electric Supercar Threatens Porsche, Europe Models

Hurtling around a race track outside Beijing, Xiaomi’s SU7 Ultra is as disconcerting as it’s quick. The company is preparing its expansion abroad, where it could pose a threat in the EV market. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde…

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Hurtling around a race track outside Beijing, Xiaomi’s SU7 Ultra is as disconcerting as it’s quick. The company is preparing its expansion abroad, where it could pose a threat in the EV market.
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Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Ed Ludlow reports.
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China’s DeepSeek is back with a brand new flagship AI model, a year after its open source model upended Silicon Valley. Tom Mackenzie explains.
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