Uber has blamed the increasing cost of car ownership for the failure of its Carshare service, which allowed people rent out their vehicles for short-term use.
It confirmed on Thursday it would shut Carshare down on September 12, and focus on car rentals.
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
