RelayRides Acquires Wheelz To Boost Inventory And Improve Hardware For Its Peer-To-Peer Car Rentals

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http://techcrunch.com – There’s consolidation afoot in the peer-to-peer car rental space. San Francisco-based RelayRides, which launched about five years ago and is now available nationwide, has gobbled up fledgling competitor Wheelz. That includes all the assets, IP, and about 10 employees from Wheelz, which launched about a year-and-a-half ago. The acquisition was announced as RelayRides is seeing record growth in its peer-to-peer car sharing marketplace. It now has cars in more than 1,500 cities across the U.S. since launching nationally a year ago. Over that time, it’s also seen rental reservation hou (IT news)