The arrival of Uber and its ilk in Australia has seen more $1 billion in taxpayer funds handed to the what’s now known as the point-to-point transport (ie including taxis) sector in compensation. And users in NSW will continue to be slugged for it until the end of this decade. The entire sector has been… Read more »
Ola, the Indian rideshare company that rocked up in Australia in 2018 is reportedly leaving town at the end of the week News Corp titles and Sky News are reporting that customers were sent emails today saying the company will cease local operations at the end of the week. But Startup Daily, a former frequent… Read more »
Melbourne startup Shebah has been placed in voluntary administration, a victim of ongoing lockdowns during the Covid pandemic. Administrators Sam Kaso and Rachel Burdett of Cor Cordis said they will try to save the country’s only women-focused rideshare business through a sale or restructure. “Shebah will continue to operate as normal while we stabilise the… Read more »
Shebah founder and CEO George McEncroe is particularly proud of the fact that 95 percent of its investors are women.
Grabox has dubbed itself an “in-car convenience store”: it distributes to drivers boxes full of snacks that passengers can buy during their ride.
Women-focused ridesharing service Shebah has launched an equity crowdfunding campaign to raise funds for expansion.
Having built a base in Australia over the past nine months, India-founded rideshare company Ola has announced its expansion into New Zealand.
India-founded rideshare company Ola has appointed former eBay Australia boss Simon Smith as its managing director in Australia. Smith, whose previous roles also include time as a non-executive director of Sportsbet, CEO of local social networking platform Nabo, and as a consultant at McKinsey, will be tasked with developing the company’s presence in Australia –… 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.
Automotive giant Daimler has led a US$175 million ($231 million) funding round for Estonian rideshare startup Taxify, bringing the company’s valuation to US$1 billion.
The Australian rideshare space continues to heat up, with Indian player Ola this week launching in Sydney and local offering GoCatch announcing its plans to launch an Initial Public Offering (IPO) in June ahead of a listing on the ASX.
Rideshare vehicle rental startup Splend has raised $7.2 million in funding, handing over a 12.5 percent stake to Toronto Stock Exchange-listed company Element Fleet Management.
Estonia-founded rideshare company Taxify has launched in Australia, naming Zomato’s former head of growth and partnerships, Samuel Raciti its local country manager.
GoGet has announced a new partnership with waterless carwash startup WipeHero, which will see GoGet’s fleet of vehicles cleaned by WipeHero’s technology.
Splend, a company which hires out cars to those wanting to join the ranks of rideshare drivers, has received backing from Investec Australia.
The lessons from Uber, Ola and rideshare’s disruption is that in the end, the consumer still pays 
Unicorn dehorned: Nasdaq-listed Brisbane EV charging venture Tritium collapses into receivership 
Here are the finalists in Fintech Australia’s 2024 Finnies awards 
Atlassian cofounder Scott Farquhar steps down as co-CEO 
Daily startup news and insights, delivered to your inbox.
