[UBER] Australian Start-Up Car Next Door Plans U.S. Launch

After Uber’s estimated $50 million acquistion, Australian start-up Car Next Door is planning its expansion into the United States. The platform will be rebranded as Uber Carshare, and allows ‘owners’ to rent their cars out to ‘borrowers’.

While in Sydney, Uber’s CEO Dara Khosrowshahi explained he would like to replicate Car Next Door’s success in Australia:

“When we bought Car Next Door it was always with a goal of expanding it globally,” he said.

“The Uber brand is global, we operate in more than 600 cities all around the world, and we can take this product and expand it city by city.”

“(Uber Carshare) will start in urban centres where car ownership is prohibitively expensive but ultimately we think this can become a mass-market product.”