Getaround, Inc. Announces Wind-Down of U.S. Operations
From GlobeNewswire: 2025-02-11 20:00:00
Getaround, a global car-sharing marketplace, will be winding down its U.S. business operations, including car-share and HyreCar services. The European business will continue to operate. Despite efforts to improve profitability, a lack of liquidity made U.S. operations unsustainable. The decision was made after considering various options to maximize value for stakeholders. Getaround plans to focus on strategic opportunities in Europe, where it is the leading car-sharing platform. Customers and stakeholders with questions can contact [email protected]. Getaround aims to promote sustainable car-sharing through innovative technology and peer-to-peer marketplace.
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