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September 22, 2011 03:45 am GMT

RelayRides Names Former Shopping.com Head Andre Haddad As CEO

Screen Shot 2011-09-21 at 6.54.45 PMRelayRides, a marketplace that lets car-owners rent out their cars a few hours at a time, has named former Shopping.com chief Andre Haddad as its CEO. The well-funded startup has raised $10 million to date, with investors including Google Ventures, August Capital, and Shasta Ventures.RelayRides allows users to rent out their cars for select times during the week, and says that renters make an average of $250 a month (users on the other side of the deal benefit, because it's generally much cheaper to rent a car through RelayRides than though traditional car rental services). AndHaddad has plenty of experience with managing marketplaces prior to joining Shopping.com, Haddad was SVP of Product at eBay and he founded European auction site iBazar.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DuHJl0xisJM/

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