ASIC has commenced civil penalty proceedings against GetSwift and its directors Bane Hunter and Joel Macdonald, alleging that the company made misleading announcements in relation to client agreements.
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”.
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.
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.
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.
Most good ideas I write about often start off after a few bottle’s of alcohol have been consumed, in the case of Liquorun it was a case of potential lack of booze that inspired three young AFL players to put their heads together and draft a new business strategy on their flight home from an interstate game.