Retail

Turners invests in Australian car-sharing business

Rebecca Howard
Mon, 01 Jul 2019

By Rebecca Howard July 1 (BusinessDesk) - Turners Automotive Group is investing A$1 million into ASX-listed Collaborate Corporation, a tech-focused car-sharing and vehicle subscription business based in Australia. Turners will obtain a 12.13 percent stake in the company and will appoint a director the board, it said in a release to the NZX. Collaborate Corporation’s core business centres around the car-sharing market with DriveMyCar, an Australian peer-to-peer car rental business, complemented by Carly, a vehicle subscription service w...

Unlock all stories
free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
Comprehensive business and markets coverage
News vie email, web and Apple/Android apps

Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Find out more

Subscribe now

Name

E-Mail Address

Password

Confirm Password

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Cardholder's Name

Card

You will be charged in 10 days unless you cancel beforehand. We will remind you three times before charging you.
All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service {{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Or Subscribe with Google

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Coronavirus

New 3-storey planning rules, shorter MIQ in prospect this week

Pattrick Smellie | Tue, 19 Oct 2021

Also expected this week is an announcement from covid response minister Chris Hipkins to reduce managed isolation and quarantine stays from 14 days to nine.

Technology

Ministry of Health: two vaccine certificates for data reasons

Henry Burrell | Tue, 19 Oct 2021

New Zealand’s international vaccine certificates will be based on the EU standard.

Property

Arvida's $345m purchase a sharp deal with development opportunities

Jenny Ruth | Tue, 19 Oct 2021

Arvida is raising more capital than it needed to complete the Arena transaction.

Turners invests in Australian car-sharing business

Subscribe now

Or Subscribe with Google

Not convinced yet?

Your company has a subscription

Team