Getaround’s Q3 earnings delight investors, but the company isn’t out of the woods yet
Peer-to-peer carsharing company Getaround has filed its first earnings report since going public a year ago via a SPAC combination. The company’s third-quarter earnings report details a company seeing quick revenue growth, but not enough top line yet to cover its expenses.
Peer-to-peer carsharing company Getaround has filed its first earnings report since going public a year ago via a SPAC combination. The company’s third-quarter earnings report details a company seeing quick revenue growth, but not enough top line yet to cover its expenses. Getaround reported gross bookings of $69 million in the third-quarter, resulting in $23.8 […] © 2023 TechCrunch. All rights reserved. For personal use only.
Related stories

US-China tech war escalates over EV battery dominance

Amazon loses second AWS India and South Asia top exec in less than a year
Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a source familiar with the matter told TechCrunch, merely seven months into the top role.

TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia
ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market.

Samsung Display Readies Development Team for Apple Foldable Panels
Apple supplier Samsung Display has reorganized its Apple business team to achieve operational efficiency in the development of foldable panels, claims a new report out of Korea.

Apple TV+ shows and movies: Everything to watch on Apple TV Plus
Apple TV+ offers exclusive Apple original TV shows and movies in 4K HDR quality.