SK has sold its stake in TURO, the No. 1 car-sharing company in the U.S

COMPANY / Reporter Paul Lee / 2023-03-16 06:53:53
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
서울 종로구 서린동 SK빌딩 (사진 = 연합뉴스)

 

[Alpha Biz=(Chicago) Reporter Paul Lee] SK Group's holding company, SK, sold its stake in TURO, the No. 1 US P2P vehicle sharing company. The sale is estimated to have made nearly 50 billion won in investment profits in six years.

According to the industry on the 15th, SK sold its 2.98% (7,496,251 shares) stake in TURO for $ 67 million (about 87.1 billion won) on the 17th of last month. SK bought a stake in TURO for 39.6 billion won in 2017. It earned about 47.5 billion won in investment profits over the past six years.

SK took part in a 100 billion won paid-in capital increase implemented by TURO in July 2017 and acquired a stake. TURO is a car-sharing company launched in San Francisco in 2009 and provides services to share vehicles of individuals. The company, known as 'Airbnb in the automotive industry', serves more than 7,500 cities including the United States, Canada and the United Kingdom.

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

주요기사

[Exclusive] Samsung Electronics Passes NVIDIA’s HBM3E 12-High Qualification Test, Secures Supply Deal
Civic Groups File Complaint Against Baemin and Coupang Eats Over Alleged Misleading “One-Person Free Delivery” Promotions
KT Confirms Additional Victims in Unauthorized Micro-Payment Case, Faces Criticism Over Initial Response
KFTC Grants Conditional Approval for Joint Venture Between Shinsegae Group and Alibaba Group
Supreme Court Rules in Favor of NTS on U.S. Unregistered Patent Royalties
뉴스댓글 >

SNS