The transaction values the India-based carsharing service at approximately $456 million. The combined company, Zoomcar Holdings, is expected to list on Nasdaq.
A year after announcing its intent to go public, P2P car rental company Turo has filed with the SEC for its IPO.
The rental operator has filed a registration statement for a proposed public offering of its common stock.
An article by The Motley Fool suggests investors opt for stocks in Uber rather than Hertz and Avis.
Avis Budget Group and Zipcar announced on March 7 that Zipcar stockholders voted to approve the adoption of the merger agreement with Avis Budget Group.
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