Zipcar launches Los Angeles as its 16th Major Market, and opens new office in Hollywood.
Zipcar, along with Mayor Angel Taveras and the City of Providence, today announced Zipcar’s expansion into Providence, R.I., the second largest city in New England.
Today, Zipcar announced two changes to its board of directors with the addition of Steve Case and John Mahoney, two highly accomplished executives of global companies and top brands.
The acquisition of car-sharing service Steetcar by American rival Zipcar has been referred to the Competition Commission in the United Kingdom for “additional scrutiny”. The world’s largest car sharing service, Zipcar announced its intention to purchase Streetcar in April 2010.
Car rental firm Zipcar has filed for an initial public offering in the United States, potentially valuing the company at some $75 million. Founded just a decade a go, the Cambridge, Massachusetts-based company plans to go public on the NASDAQ stock exchange under ticker symbol ‘ZIP’.