#Car
Car Next Door seeking to double funding to accelerate roll-out of its sharing platform
Peer-to-peer car sharing platform Car Next Door is seeking to raise $5 million from investors to capitalise on rapid growth over the last 18 months, during which it expanded from Sydney and Melbourne into Brisbane. Co-founder and CEO Will Davies told Dynamic Business that his start-up, which enables car owners to rent out their vehicles when they’re […]
Spacer takes on world’s largest self-storage market with buy-out of US equivalent, Roost
Australia’s ‘AirBnB of storage’, Spacer, has signaled its intention to become the global leader in space sharing with the acquisition of US start-up Roost. Like Spacer, Roost is a peer-to-peer marketplace for shared storage, commercial and parking space. The acquisition will see Spacer take control of Roost’s database, tech platform and customers. Spacer will also […]
Under the hood of CarAdvice: how the start-up lapped its competitors in automotive media
While his competitors in automotive media ‘clung desperately to print’, Alborz Fallah was able to accelerate his start-up into the digital age. That was ten years ago. In September, Alborz sold a majority stake in CarAdvice to Nine Entertainment Company for $35 million. “It’s worth that and much more,” the 32-year-old Brisbanite told Dynamic Business. […]
Share a ride with Car Next Door’s Will and Dave: the duo challenging car ownership
Let’s face it: car ownership can be expensive and impractical, especially if you drive infrequently and live in or near an urban centre where parking is increasingly scarce. Still, people want the freedom to use a car at any time. Sydney’s Will Davies and Dave Trumbull saw an opportunity for an eco-conscious model of vehicle ownership […]
DriveMyCar lets you rent your pride and joy for profit
Drive My Car Rentals has launched in Australia giving car owners the option to reduce the costs of their vehicle, offset depreciation or just make some spare cash by renting out their ride when its not being used.