peertopeer carsharing company turo has filed for an initial public offering according to a filing late monday turo based in san francisco filed to sell up to 100 million worth of shares although that figure is often a placeholder used to calculate fees the company plans to list its stock on the new york stock exchange under the symbol turo and underwriters include jpmorgan and morgan stanley our mission is to put the worlds 15 billion cars to better use turo said in its prospectus adding that its business is resilient as it dynamically adjusts to the needs of car owners and car renters for the nine months ended on sept 30 turo had sales of 3305 million up 207 from sales of 1078 million for the same period in 2020 the company said net loss rose to 1293 million from 517 million for the same period in 2020 after a recordshattering 2021 the ipo market is expected to welcome companies such as grocerydelivery service instacart dataanalytics company databricks and retailer mattress firm this year