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Company type | Subsidiary |
---|---|
Industry | Transportation |
Founded | 2012, in Sydney, NSW, Australia |
Founder | Will Davies, David Trumbull, and Chloe Iliffe |
Defunct | 12 September 2024 |
Fate | Operational difficulties relating to insurance and theft risk. |
Headquarters | 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) |
Services | Peer-to-peer carsharing |
Parent | Uber |
Website | www |
Uber Carshare was an Australian company that facilitated peer-to-peer car rental, a system by which individuals may rent privately owned vehicles [1] [2] on an hourly or daily basis to other registered users of the service. [3] [4] [5]
Established in 2012 as Car Next Door, [6] it operated in all Australian capital cities as well as the Gold Coast, Sunshine Coast and Newcastle. [7] [8] [9]
Caltex Australia (later Ampol) invested A$2.5 million in the company in 2016. [10] Ampol sold its 17.2% interest for A$16.7 million on 24 December 2021. [11]
Hyundai invested in the company in 2019, [12] 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, but believed to be $105 million. [13] [14] [15] [16] 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. [17]
In August 2024, Uber announced that Uber Carshare would cease operations in the following month citing rising costs and 'operational challenges'. [13]
Hertz Global Holdings, Inc., known as Hertz, is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental.
Carsharing or car sharing or car clubs (UK) is a model of car rental where people rent cars for short periods of time, often by the hour. It differs from traditional car rental in that the owners of the cars are often private individuals themselves, and the car sharing facilitator is generally distinct from the car owner. Car sharing is part of a larger trend of shared mobility.
Sixt SE is an international mobility service provider with about 2,000 locations in more than 100 countries. Sixt SE acts as a parent and holding company of the Sixt Group, which is internationally active in the business areas of vehicle rental, car sharing, ride-hailing, and subscription.
MYOB is an Australian multinational corporation that provides tax, accounting and other business services software to small and medium businesses. It is owned by KKR.
Ampol Limited is an Australian petroleum company headquartered in Sydney, New South Wales. Ampol is the largest transport energy distributor and retailer in Australia, with more than 1,900 Ampol-branded service stations across the country as of October 2022. Ampol also operates in New Zealand through its subsidiary Z Energy.
Lyft, Inc. is an American company offering ride-hailing services, motorized scooters, bicycle-sharing systems, and rental cars in the United States and select cities in Canada. Lyft sets fares, which vary using a dynamic pricing model based on local supply and demand at the time of the booking and are quoted to the customer in advance, and receives a commission from each booking. Lyft is the second-largest ridesharing company in the United States after Uber.
Share Now GmbH is a German carsharing company, formed from the merger of Car2Go and DriveNow. Since 2022, it is a subsidiary of the Free2Move division of multinational automaker Stellantis providing carsharing services in urban areas in Europe, and formerly in North America. It has over four million registered members and a fleet of over 14,000 vehicles in 18 cities across Europe.
Turo Inc. is an American peer-to-peer carsharing company based in San Francisco, United States. The company allows private car owners to rent out their vehicles via an online and mobile interface in four countries and new corporate owners to rent out their cars in France in addition to the four previous countries.
Getaround is an online car sharing or peer-to-peer carsharing service that connects drivers who need to reserve cars with car owners who share their cars in exchange for payment.
Enterprise Holdings, Inc. is an American private holding company headquartered in Clayton, Missouri, in Greater St. Louis. It is the parent company of car rental agencies Enterprise Rent-A-Car, National Car Rental, Alamo Rent a Car and also operates several other transportation services including commercial fleet management, used car sales, carsharing, and commercial truck rental operations.
Enterprise Holdings, Inc. is an American private holding company headquartered in Clayton, Missouri, in Greater St. Louis. It is the parent company of car rental agencies Enterprise Rent-A-Car, National Car Rental, Alamo Rent a Car and also operates several other transportation services including commercial fleet management, used car sales, carsharing, and commercial truck rental operations.
JustShareIt was a peer-to-peer car rental and car sharing marketplace. It allowed individuals to rent vehicles directly from individual car owners or car sharing companies in local neighborhood locations.
Yourdrive was a New Zealand peer-to-peer carsharing company. Prior to ceasing operations it facilitated a system in which individuals could rent their privately owned vehicles on an hourly, daily or weekly basis to other registered users of the service. Owners set their rental prices and earn a 60 percent commission from the rental revenue. Prior to going out of business it operated throughout New Zealand with vehicles in Auckland, Hamilton, Palmerston North, Wellington, Christchurch, Queenstown and Dunedin.
Bolt is an Estonian mobility company that offers ride-hailing, micromobility rental, food and grocery delivery, and carsharing services. The company is headquartered in Tallinn and operates in over 500 cities in more than 45 countries in Europe, Africa, Western Asia and Latin America. The company has more than 150 million customers and more than 3 million driver and courier partners. The company has plans for an initial public offering in 2025.
Maven was a car sharing service launched by General Motors (GM) in 2016. It provided services such as carsharing and peer-to-peer car sharing for personal use and also rented to drivers of gig economy professions such as Uber and Lyft. It operated in select cities in the United States, Canada and Australia until ceasing operations in 2020.
Ingogo is an Australian company that specialises in online taxi bookings, mostly for corporate clients. Cab drivers process fares using a mobile application on Android smartphones. The company services Adelaide, Brisbane, Melbourne, Perth and Sydney.
Delimobil is one of the largest carsharing organizations in Russia, with a fleet of over 18,000 vehicles and more than 7.1 million members. Its vehicle fleet consists of Hyundai Solaris, Renault Kaptur, Volkswagen Polo and the Toyota RAV4.
Morse Micro is a Sydney-based developer of Wi-Fi HaLow microprocessors; chips that enable high data rates, with long range and low power consumption. Amongst all Wi-Fi HaLow systems on a chip, Morse Micro processors are reported to be the smallest, fastest, longest-range with lowest-power-use.
Stake is an Australian financial services company headquartered in Sydney, Australia. It was founded in 2017 by Matt Leibowitz, Dan Silver and Jon Abitz. Stake predominately offers low-cost brokerage services to retail investors in Australia, New Zealand, Brazil and the United Kingdom.
Gull New Zealand is a New Zealand petroleum distribution company and petrol station chain. It is the country's third largest fuel retailer, with 113 locations in New Zealand including 45 in Auckland.