Uber’s plan to shake up car ownership in Australia and get owners to rent out their cars when they aren’t using them will grind to a halt in coming weeks after the US giant pulled the pin on its Carshare business.
The move brings an end to a heavily promoted Australian experiment, which began in 2022 with the $105 million acquisition of local start-up Car Next Door.
Loading...
Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com