Uber Carshare Explained

Uber Carshare
Type:Subsidiary
Foundation:, in Sydney, NSW, Australia
Founder:Will Davies, David Trumbull, and Chloe Iliffe
Location:Sydney, NSW, Australia
Area Served:Sydney, Melbourne, Brisbane, Perth, Adelaide, Tasmania, Canberra, Gold Coast, Sunshine Coast, Newcastle
Key People:Will Davies (Founder & CEO) & , Dave Trumbull (Founder & CTO), Chloe Iliffe (Founder), Merryn Clancy (COO)
Industry:Transportation
Services:Peer-to-peer carsharing
Parent:Uber

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] Established in 2012 as Car Next Door,[5] it currently operates in all Australian capital cities as well as the Gold Coast, Sunshine Coast and Newcastle.[6] [7] [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 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. The company continued operating independently following Uber's takeover with co-founder Will Davies as the chief executive until November 2022 when it was rebranded as Uber Carshare.[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:

See also

Notes and References

  1. Web site: Fitzsimmons . Caitlin . 2017-10-22 . Car ownership the norm, despite the rise in car sharing . 2022-05-13 . The Sydney Morning Herald . en.
  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. News: Carey . Alexis . 14 August 2020 . Car Next Door: Man earns $6K a month from car rental service . news.com.au . 12 May 2022.
  5. News: How Car Next Door went from a gutsy Shark Tank pitch to an Uber acquisition. SmartCompany. 21 January 2022. 5 March 2024.
  6. News: Neighbour to Neighbour Car Sharing Hits the Gold Coast Car Next Door. 2017-11-07. Car Next Door. 2018-01-15. en-US.
  7. Web site: 2021-05-22. Would you rent your personal car to a tourist? What if there was a $1,000 incentive?. 2021-08-04. www.abc.net.au. en-AU.
  8. Web site: Perth's motoring costs could plummet as 'Airbnb of cars' launches. Juanola. Marta Pascual. 2019-08-15. WAtoday. en. 2019-11-21.
  9. Web site: 2022-01-21 . How Car Next Door went from a gutsy Shark Tank pitch to an Uber acquisition . 2022-05-13 . SmartCompany . en-US.
  10. Web site: How this Sydney startup secured a $2.5 million investment from a corporate giant. SmartCompany. 3 March 2016. 20 November 2022.
  11. Web site: Hill . Joshua S. . 2019-09-19 . Hyundai invests into Car Next Door car-share platform, with eye on electric . 2022-05-13 . The Driven . en-US.
  12. Web site: Ross. David. 2022-01-20. Uber buys Australian car-sharing tech start up Car Next Door. 2022-01-23. The Australian. en-AU.
  13. Web site: Kruger . Colin . 2022-01-20 . Uber spreads its wings in Australia as it snaps up Car Next Door . 2022-05-13 . The Sydney Morning Herald . en.
  14. Web site: 2022-01-20 . Uber acquires Aussie car-sharing startup Car Next Door . 2022-05-13 . SmartCompany . en-US.
  15. Web site: Tabassum . Mashuka . 2022-10-18 . Uber ventures into carsharing by taking over Aussie enterprise . 2022-11-29 . News.com.au . en.
  16. Web site: Survey Finds Trust is #1 Barrier to Sharing. 10 July 2012 . 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. Web site: 2021-06-21. Car Next Door goes 'Minority Report' on bad actors (not Tom Cruise). 2021-08-04. Australian Financial Review. en.
  19. Web site: Moore . Ben . 22 June 2021 . Max Kelsen uses ML to weed out rude users for Car Next Door . 13 May 2022.
  20. Steve Mills (producer), (9 October 2012). Breakfast Program [radio broadcast]. Perth, 6PR.
  21. Web site: How and when you'll be paid . 13 May 2022 . Car Next Door Help Centre.

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