#Uber
Uber IPO sets company’s value at $US82bn
Uber priced its initial public offering at the low end of its targeted range to value the company at $US82.4 billion ($A118 billion), hoping the conservative approach would let it avoid the market chaos suffered by rival Lyft. Uber, the most high-profile US listing since Facebook seven years ago, raised $US8.1 billion ($A12 billion), pricing […]
Uber posts $1bn loss on bookings slowdown
Uber experiences a loss.
Low pay for Uber, rideshare drivers
New report reveals Uber drivers are being ‘ripped off’.
Uber drivers stop work, call for pay boost
Protest calls to increase UberX rates by at least 15 per cent.
How The disruptive Uber Business Model Is Changing the Way Business Owners Think
“Uber changed the way business owners think and work in more ways than are instantly noticeable,” says Maria Bellissimo-Magrin, CEO of creative marketing agency Belgrin. Here she examines what business owners can learn from Uber’s actions. Launched in San Francisco in 2010, Uber quickly became one of the world’s most valued tech companies and widely-known brands and their […]
Here’s to 2018: the year of trust in business
In 2017, we’ve witnessed numerous Customer Experience (CX) failures that have damaged the reputations of some of the largest companies in the world. From long call waiting times after a number of severe outages, to poor customer service ratings, and other critical service failures, there are a number of lessons to be learned if brands […]
ACCC has improved ‘tens of thousands’ of contracts for SMES since November 2016
The Australian Competition & Consumer Commission (ACCC) says its only at the ‘tip of the iceberg’ in terms of its efforts to ensure small businesses are not subject to unfair contract terms. Since 12 November last year, when unfair contract terms laws were extended to small business contracts, the ACCC has taken successful court action […]
Ride sharing drivers reminded of requirement to apply for ABN and register for GST by the ATO
The Australian Taxation Office (ATO) has reminded 120,000 ride sharing drivers of their tax obligations over the past 18 months. Assistant Commissioner Tom Wheeler said the ATO is still working to educate ride sharing drivers, but now focus is shifting to drivers who are ignoring their obligations. “We know that most drivers do the right […]
Uber’s CEO promises to “make things right” after ride sharing platform’s London ban
In the wake of Uber being stripped of its license to operate in London, the company’s newly-appointed CEO Dara Khosrowshahi has penned an open letter to Londoners, apologising for “mistakes” made by the ride sharing platform. On Friday, 22 September, Transport for London (TfL) informed Uber that it would not renew the company’s private hire […]
Why innovation isn’t about being perfect
The idea of having to develop a groundbreaking innovation can seem as terrifying as it is exciting to many entrepreneurs. Innovation is risky and won’t always go to plan. However, there’s no need to worry, because successful innovation isn’t about being perfect, it’s about continual improvement. Don’t get stressed about the risk: get excited instead. […]
Uber flashes headlights on employment laws
Well known ride-sharing app, Uber, has been headlining publications globally as its company policies, CEO and business model are being called into question. Uber’s recent transgressions relating to sexual harassment, discrimination, unprofessionalism, bullying, employment structures and a toxic workplace culture in America challenge many Australian employment laws. The issues at hand allow Australian businesses, small […]
Bridging the quality gap between the services workers tolerate and those consumers enjoy
Think about the last time you ordered an Uber… how did you find the experience? Convenient and time-efficient? Perhaps, enjoyable? Now, think about the last time you lodged a request either for leave or help from IT, or tried to raise a purchase order (PO)? How would you rate that experience compared to your last […]
How to compete with the big end of town – without it costing your SME the earth
As 2017 begins to unfold there is one message for SMEs: it’s time to innovate marketing strategies to compete with bigger businesses. Gaining consumer attention is becoming an increasingly difficult task, as competition increases for SMEs and the channels with which to reach audiences continue to fragment. How can a small business stand out from […]
Start-up wunderkind takes on Über with HOP
Five years ago, Zeryab Cheema launched Taxi 24/7. The iPhone app, which has been embraced by the London Black Cab network, thrust Cheema into the media spotlight, with appearances on 7News, Today Show, ABC 7:30. On Wednesday (30 Nov), the Sydney entrepreneur launches his second venture, Über challenger HOP. It’s a bold move that’s especially impressive […]
The biggest risk and challenges facing businesses this year
Executive leaders believe that digital disruption is among the top risks facing Australian organisations, according to a recent Canon survey (see infographic below). Respondents also believe that IT departments responding to changing client needs, industry disruption and overseas competition are serious risks facing Australian business. So why are organisations facing these challenges, and how can they […]
Uber for foodies: Share-economy tastes good for new dining platform
It’s a little bit AirBnB, a little bit Uber – and if things go well, maybe even a little bit Tinder. A new Sydney-based platform called WelcomeOver is aiming to capitalise on the burgeoning share-based economy by bringing together strangers for dinner. Behind the new platform is a mixed young crew comprising Nelson Higalgo, […]
People Post brings the magic of the sharing economy to lacklustre courier services
All you need to start a business these days is a tech savvy mind, a laptop and of course, some entrepreneurial drive. In fact, it would appear that we’re now experiencing an influx of new-age entrepreneurs who are busy scouring the traditional industrial landscape for opportunities, leaving no stone unturned in the process. One these […]
ACT to be world’s first capital to legalise ‘disruptive’ Uber
The ACT is set to be the first national capital to regulate online ride-sharing service, Uber, as the service prepares to legally enter the Canberra market from October 30th. According to an ABC report the reforms to ACT legislation will see taxi licences immediately halved from $20,000 to $10,000 in order to ensure the taxi […]
Young yet growing rapidly: Australia’s sharing economy
Airtasker and Pureprofile have released Australia’s first study revealing the size and use of Australia’s sharing economy. Following a study of 1000 Australians by local market research firm, Pureprofile, the bi-annual Sharing Economy Monitor has revealed that just under half of the population (44.8 per cent) are aware of the companies driving the ‘sharing economy’ movement, […]
Could pilotless flying cars take on Uber?
The flying vehicle will be able to take off and land on long grass strips, with runways and landing strips beside highways allowing for the vehicle to land, retract its wings, and simply join the traffic. Easy.
Ride-sharing apps put to commercial use
It’s a new method of pizza delivery, and one small business owner says it has the potential to save him on delivery costs. Dan Gold, owner of the newly established MELT Pizza located on Melbourne’s Chapel Street, has opted to use ride sharing app UberX to deliver his Napoli-style woodfired pizzas to customers. Mr Gold […]