Car-sharing marketplace Turo has reportedly turned a profit, which could boost its chances of going public through an initial public offering (IPO). According to reports, the company's financial performance is a significant milestone as it prepares for a potential IPO. Turo's car-sharing platform allows users to rent cars from private owners, providing an alternative to traditional car rental services.

Source: https://www.marketwatch.com/story/car-sharing-marketplace-turo-swings-to-a-profit-in-a-boost-to-potential-ipo-526a8dc4?mod=mw_rss_topstories