getswift Archives

Disgraced tech startup GetSwift and its founders just copped a whopping $18 million in fines as ‘the unacceptable face of startup capitalism’

Simon Thomsen - February 17, 2023 5 MIN READ

GetSwift CEO Bane Hunter fined $2m, banned from managing companies for 15 years MD and cofounder Joel Macdonald fined $1m, banned for 12 years Company fined $15m Judge says pair show no contrition or remorse GetSwift raised $104m, investors receive 1c in $1 in class action The founders of former ASX-listed logistics tech startup GetSwift,… Read more »

Business

Logistics software startup GetSwift is dead in Australia, on life support in the US

Simon Thomsen - August 5, 2022 3 MIN READ

Former ASX-listed logistics tech company GetSwift has placed its Australian arm in the hands of liquidators, while the publicly listed parent business, GetSwift Technologies, has been suspended from Canada’s NEO Exchange after filing for Chapter 11 bankruptcy protection in the US. The company’s Australian subsidiary, GetSwift Ltd, was placed into liquidation on July 29 with… Read more »

Topics

5 things you should know about tech today

Simon Thomsen - June 17, 2020 6 MIN READ

Welcome to Wednesday Don’t forget to tune into the Startup Daily show on the business TV streaming channel ausbiz.com.au every weekday, 2-3pm, where we talk to startup founders, investors and innovators about everything tech. If you’ve missed an episode, you can catch up on the ausbiz site here. 1. EU v Apple on competition The EU’s competition watchdog has some… Read more »

Topics

ASX-listed logistics software startup GetSwift loses a staff member to COVID-19

Simon Thomsen - March 30, 2020 2 MIN READ

A member of staff at logistics technology company GetSwift (ASX: GSW) has died from COVID-19, the New York headquartered, ASX-listed startup said. CEO Bane Hunter wrote to colleagues and shareholders today saying they are devastated and saddened at the news. Hunter said they would not release the name of the person, believed to be in… Read more »

Topics

Bane Hunter to take over as GetSwift CEO as Joel MacDonald steps down

Gina Baldassarre - April 27, 2018 2 MIN READ

Joel MacDonald has stepped down as GetSwift CEO and chairman Bane Hunter has taken on the role as “part of [GetSwift’s] ongoing program to continually develop its governance practices as it grows”.

Topics

GetSwift shares resume trading on the ASX after three weeks suspended

Gina Baldassarre - February 19, 2018 2 MIN READ

With its shares last valued at $2.92 on January 22 before suspension, GetSwift is currently trading at $1.24 after a market update.

Topics

ASX-listed software company LiveTiles raises $20 million in share placement

Gina Baldassarre - February 15, 2018 2 MIN READ

With shares priced at $0.45 per share, LiveTiles is also set to launch a Share Purchase Plan to raise an additional $3 million from existing eligible shareholders.

Topics

Melbourne logistics software company GetSwift suspends trading in its shares

Gina Baldassarre - January 24, 2018 2 MIN READ

GetSwift has suspended trading as it prepares responses to an AFR report that questioned details around contracts and revenue figures.

Topics

Logistics company GetSwift raises $24 million to explore new verticals

Gina Baldassarre - June 23, 2017 2 MIN READ

Melbourne logistics company GetSwift, which raised $5 million through an ASX listing last December, has raised $24 million from a collection of US-based and local investors.

Topics

GetSwift signs partnership with Commonwealth Bank to offer merchants logistics system

Gina Baldassarre - April 4, 2017 2 MIN READ

This will allow any vendor using the point-of-sale system to essentially become a delivery-ready store, with GetSwift automatically queueing, batching, routing, and dispatching the delivery of any products purchased through an Albert POS.

Topics

GetSwift appoints former Qantas chief information officer Jamila Gordon as its Global CIO

Gina Baldassarre - February 2, 2017 2 MIN READ

Fresh from its debut on the ASX last month, logistics software company GetSwift has announced the appointment of Jamila Gordon, a non-executive director, to the role of Global Chief Information Officer.

Topics

New York-based logistics software startup GetSwift heading back to Melbourne to open global HQ

Gina Baldassarre - November 22, 2016 2 MIN READ

After 18 months in New York, logistics software startup GetSwift is heading back home to open its global HQ in Melbourne ahead of an ASX listing next month.

Advice

Trading Valley for Alley: an Aussie founder’s guide to moving to New York

Joel MacDonald - October 28, 2016 4 MIN READ

Moving to the US? You can head to Silicon Valley, or you can follow GetSwift’s route and head to the Big Apple, the undisputed epicentre of business in the US.

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