Proactive Investors - Run By Investors For Investors

HyreCar shifts into gear as it partners with car dealers and expands from peer-to-peer car-sharing

HyreCar Inc (NASDAQ:HYRE) CEO Joseph Furnari tells Proactive Investors the 'Tinder for the ride-sharing business' operates a web-based car-sharing marketplace that's expanding from peer-to-peer car-sharing toward the commercial vehicle supply space. Furnari says he has over 500 dealers in the pipeline, converting 20% to the platform.

HyreCar's stock has ramped up to just under $7, which Furnari attributes to Uber and Lyft's public offerings, generating increased buzz around the ride-sharing space, as well as the company's full-year earnings forecast of $10 million.

 
View full HYRE profile View Profile

HyreCar Inc Timeline

Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use