Ridesharing

Uber

Uber shares closed at $41.57 after their first day of trading, down almost 8 per cent from its listing price and valuing the company at US$69.7 billion. The company previously set a target of $44-$50 per share and on Thursday night priced its IPO at $45, towards the lower end

Chinese mobile transportation platform DiDi Mobility is set to launch its ridesharing service DiDi Express in Newcastle on March 11. This is the first city in NSW the ridesharing platform will operate in, bypassing Sydney. DiDi Express is currently operating in Melbourne and Geelong. DiDi said Newcastle is an “ideal

Didi ridesharing

Australians in need of personal transport other than taxis have many options – Shofer, Taxify, GoCatch, Shebah and Uber. India’s Ola launched a few months ago, and Chinese DiDi starts today. DiDi is no bit player. The company transports 450 million clients through 25 million rides a day. This is