Why do Uber, Lyft, Didi, OLA, and other ride-sharing companies want to partner with public transport agencies? For Uber and Lyft, the reason is simple: their business plans were based on eventually using driverless vehicles to eliminate their main cost, the labour cost of the driver. But human drivers won’t be replaced for some time.… Read more »
First mover Uber has managed to capture 90% of Australia’s ridesharing market, a Roy Morgan study has revealed, but competition is expected to heat up as Chinese rival DiDi enters the Sydney market next month. When Uber first arrived in 2013, the service was illegal, but managed to establish its dominance before ridesharing was… Read more »
Chinese ridesharing giant Didi will finally land in Sydney next month, nearly two years after it first landed in Australia, taking on US firstmover Uber and Indian rival Ola just as the honeymoon period for growth in the sector in the unprofitable sector appears to be coming to an end. Didi’s Sydney operations will… Read more »
The Australian rideshare market continues to heat up, with Chinese player Didi Chuxing today announcing it’s set to launch in Melbourne later this month.
Estonia-founded rideshare company Taxify has launched in Australia, naming Zomato’s former head of growth and partnerships, Samuel Raciti its local country manager.
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FLYING HIGH: Food waste management innovator Goterra wins Best Sustainability Startup 
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Fintech tikpay pockets $1.6 million pre-Seed round to transform transport ticketing 
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