News & Analysis

Insurance giant IAG has paid millions for a majority stake in vehicle hire startup Carbar

- July 19, 2019 3 MIN READ

Carbar CEO Des Hang (right) with his co-founders Carbar co-founders Davie Saw, Kenneth Teh and Richard Chen. Source: supplied The Melbourne startup has introduced monthly subscription car hire to Australia It’s just launched in Sydney and will use the cash injection to roll out nationally in 2020 IAG is hoping to gain a better understanding… Read more »