Wednesday, November 7, 2018

HyreCar Extends Rentals For Ridesharing Drivers Nationwide

Los Angeles-based HyreCar, which operates a marketplace which connects Uber and Lyft ridesharing drivers with dealers and others offering up vehicle rentals, said it is now open in all 50 U.S. states. The company said the expansion is a significant incraese from where it had been, which was at 34 states. The addition adds Delaware, Oklahoma, Nebraska, Arkansas, Rhode Island, New Hampshire, New Mexico, Maine, Idaho, South Dakota, Alaska, North Dakota, Vermont, Montana, West Virginia and Wyoming to its platform. HyreCar's online marketplace matches up car dealers and other commercial fleet owners with drivers for uber and Lyft, allowing those ridesharing drivers access to the newer vehicles required to drive for those services. HyreCar--which is publicly listed--said it expects the expansion to add at least 25 percent in terms of incremental 2019 revenues.