Company:Uber Carshare

From HandWiki
Short description: Australian carsharing company
Uber Carshare
TypeSubsidiary
IndustryTransportation
Founded2012; 12 years ago (2012), in Sydney, NSW, Australia
FounderWill Davies, David Trumbull, and Chloe Iliffe
HeadquartersSydney, NSW, Australia
Area served
Brisbane, Melbourne, Sydney, Perth, Canberra, Gold Coast, Tasmania
Key people
Will Davies (Founder & CEO) & , Dave Trumbull (Founder & CTO), Chloe Iliffe (Founder), Merryn Clancy (COO)
ServicesPeer-to-peer carsharing
ParentUber
Websitewww.ubercarshare.com

Uber Carshare is an Australian company that facilitates peer-to-peer car rental, a system by which individuals may rent privately owned vehicles[1] on an hourly or daily basis to other registered users of the service.[2][3][4] It currently operates in locations across Australia including Sydney, Brisbane, Melbourne, Gold Coast,[5] Hobart,[6] Canberra, Adelaide and Perth[7] and announced (in 2016) plans to expand to other Australian cities and airports.[8]

The founders appeared on season 2 of the Australian Shark Tank TV show in 2016 and secured an investment from 'shark' Steve Baxter.[9] The startup also secured a A$2.5 million investment from Caltex Australia (later Ampol) the same year.[10]

Hyundai invested in the company in 2019,[11] and listed a number of its electric Ioniq vehicles for sharing through the platform.

On 20 January 2022, the company was acquired by Uber for an undisclosed sum.[12][13][14] This was Uber's first Australian acquisition.

In November 2022, Car Next Door rebranded and started operating as Uber Carshare. Car Next Door had been operating independently since Uber's takeover, with co-founder Will Davies as chief executive, but the brand [Car Next Door] disappeared in early November, bringing to a close a journey that lasted 10 years since its beginnings in Sydney.[15]

How it works

The company addresses the lack of trust and lack of ease that would otherwise discourage people from sharing their cars with others,[16][17] by:

  • Providing an online forum where vehicle owners and borrowers are registered, vetted,[18][19] and approved;[20]
  • Providing a feedback system to allow vehicle condition and member behaviour to be rated and reported by other members;
  • Providing in-car technology that enables keyless access to the car, and an automated, web-based booking platform;[20]
  • Providing in-car GPS technology that tracks the car's location, reducing the risk of theft and misuse of the vehicle;
  • Providing insurance covering owners and borrowers;[20] and
  • Handling payments between owners and borrowers.[21]

See also

References

  1. ↑ Fitzsimmons, Caitlin (2017-10-22). "Car ownership the norm, despite the rise in car sharing" (in en). https://www.smh.com.au/money/saving/car-ownership-the-norm-despite-the-rise-in-car-sharing-20171020-gz5fko.html. 
  2. ↑ Sydney Morning Herald. ″Drive thy neighbour's car ... or just rent it″. Nicole Hasham, October 6, 2012.
  3. ↑ Daily Telegraph. "Dollars drive car share scheme to be launched in Bondi and Paddington″. Shae McDonald, Sydney, August 8, 2012.
  4. ↑ Carey, Alexis (14 August 2020). "Car Next Door: Man earns $6K a month from car rental service". news.com.au. https://www.news.com.au/finance/business/travel/car-next-door-man-earns-6k-a-month-from-car-rental-service/news-story/2fd35a97f6524d30c8a9cb41547ecf5a. 
  5. ↑ "Neighbour to Neighbour Car Sharing Hits the Gold Coast | Car Next Door" (in en-US). Car Next Door. 2017-11-07. https://www.carnextdoor.com.au/featured/car-share-gold-coast. 
  6. ↑ "Would you rent your personal car to a tourist? What if there was a $1,000 incentive?" (in en-AU). 2021-05-22. https://www.abc.net.au/news/2021-05-22/one-thousand-dollar-incentive-rent-personal-car-to-tourists/100158014. 
  7. ↑ Juanola, Marta Pascual (2019-08-15). "Perth's motoring costs could plummet as 'Airbnb of cars' launches" (in en). https://www.watoday.com.au/national/western-australia/perth-s-motoring-costs-could-plummet-as-airbnb-of-cars-launches-20190806-p52eim.html. 
  8. ↑ "BRW". "Car Next Door seeks $1.8m ride to the airport." Caitlin Fitzsimmons and Jemima Whyte, 27 July 2015.
  9. ↑ "How Car Next Door went from a gutsy Shark Tank pitch to an Uber acquisition" (in en-US). 2022-01-21. https://www.smartcompany.com.au/startupsmart/news/car-next-door-shark-tank-uber-acquisition/. 
  10. ↑ "How this Sydney startup secured a $2.5 million investment from a corporate giant". SmartCompany. 3 March 2016. https://www.smartcompany.com.au/startupsmart/advice/startupsmart-growth/sydney-startup-car-next-door-secured-25-million-investment/. 
  11. ↑ Hill, Joshua S. (2019-09-19). "Hyundai invests into Car Next Door car-share platform, with eye on electric" (in en-US). https://thedriven.io/2019/09/19/hyundai-invest-6-million-into-car-next-door-car-share-platform/. 
  12. ↑ Ross, David (2022-01-20). "Uber buys Australian car-sharing tech start up Car Next Door" (in en-AU). https://www.theaustralian.com.au/business/companies/uber-buys-australian-carsharing-tech-start-up-car-next-door/news-story/144e68b11d22ff3ebcd6f1b635440d1e. 
  13. ↑ Kruger, Colin (2022-01-20). "Uber spreads its wings in Australia as it snaps up Car Next Door" (in en). https://www.smh.com.au/business/companies/uber-spreads-its-wings-in-australia-as-it-snaps-up-car-next-door-20220120-p59ps4.html. 
  14. ↑ "Uber acquires Aussie car-sharing startup Car Next Door" (in en-US). 2022-01-20. https://www.smartcompany.com.au/finance/mergers-and-acquisitions/uber-acquires-car-next-door/. 
  15. ↑ Tabassum, Mashuka (2022-10-18). "Uber ventures into carsharing by taking over Aussie enterprise" (in en). https://www.news.com.au/technology/motoring/on-the-road/uber-ventures-into-carsharing-by-taking-over-aussie-enterprise/news-story/d028b43ac9f59831958839d79571414e. 
  16. ↑ "Survey Finds Trust is #1 Barrier to Sharing". http://www.shareable.net/blog/survey-finds-trust-is-1-barrier-to-sharing. Retrieved 2015-06-23. 
  17. ↑ Campbell Mithun and Carbonview Research. '″Collaborative Consumption: What Marketers Need to Know.″ January 2012. www.campbell-mithun.com/talkinar. Retrieved 11 November 2012.
  18. ↑ "Car Next Door goes 'Minority Report' on bad actors (not Tom Cruise)" (in en). 2021-06-21. https://www.afr.com/technology/car-next-door-goes-minority-report-on-bad-actors-not-tom-cruise-20210617-p581s8. 
  19. ↑ Moore, Ben (22 June 2021). "Max Kelsen uses ML to weed out rude users for Car Next Door". https://www.crn.com.au/news/mex-kelsen-uses-ml-to-weed-out-rude-users-for-car-next-door-566290. 
  20. ↑ 20.0 20.1 20.2 Steve Mills (producer), (9 October 2012). Breakfast Program [radio broadcast]. Perth, 6PR.
  21. ↑ "How and when you'll be paid". https://support.carnextdoor.com.au/hc/en-gb/articles/205066659-How-and-when-you-ll-be-paid. 

External links



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