Welcome to EverybodyWiki 😃 ! Nuvola apps kgpg.png Log in or ➕👤 create an account to improve, watchlist or create an article like a 🏭 company page or a 👨👩 bio (yours ?)...

Jayride

From EverybodyWiki Bios & Wiki




Jayride
Type
Public
ISIN🆔
IndustryTransport
Founded 📆2012
Founder 👔Rod Bishop, Ross Lin
Headquarters 🏙️,
Sydney, Australia
Area served 🗺️
Worldwide
ServicesProfessional chauffeur, airport concierge service, transport
Members
Number of employees
🌐 Websitejayride.com
📇 Address
📞 telephone

Jayride Group is a Sydney, Australia-based Internet company that operates Jayride.com, an online marketplace for travellers to compare the shared airport shuttle and private transfer companies.[1][2][3][4][5]

History[edit]

The founders Rod Bishop and Ross Lin[6][7][8] launched Jayride.com in January 2012 as a marketplace for ground transport to offer shared airport shuttle and private transfer companies.[9][10] In the initial year, the founders spent time organising transport data and developing a transport schema for the website.[11][12] They partnered with Travel brands and travel agents by selling transfers by integrating their platform on Jayride.com's API.[13][14][15]

The company won the 2013 Seedstars World Sydney business pitching contest and received the title of Best Startup Business in Sydney.[16] Later in the year booking systems were added, allowing travellers to pre-book private transfers and shared shuttles at fixed prices, with other modes of transport removed from the site.[17][18] After Australia and New Zealand, the company expanded its operation in the United Kingdom, Ireland, and in 2015 they further expanded their business in the United States.[19][20][21][22][23]

The company was listed on the Australian Securities Exchange as JAY on January 29, 2018.[24][25]

Funding[edit]

In January 2017, Jayride raised $1.5 million to build a global marketplace for airport shuttles and flight passenger transfers.[26][27][28] It brought the total funding to $5 million.[29] Later in the year, the company raised $8 million in funding for expansion in the United States.[30][31][32]

In March 2019, Jayride announced that it has secured a finance of a $3M from Pure Asset Management Pty Ltd.[33]

References[edit]

  1. Masige, Sharon (2019-06-19). "Jayride will get you to the airport without a surge and at a discount – if you're an NRMA member". Business Insider Australia. Retrieved 2019-09-18.
  2. "Jayride Group breaks through $10 million milestone". Proactiveinvestors UK. 2018-07-16. Retrieved 2019-09-18.
  3. Singh, Pooja (2019-04-02). "Why VC Funding is Slowing in Growing Aussie Startup Ecosystem". Entrepreneur. Retrieved 2019-09-18.
  4. "Jayride is global and now wants to be the "NDC of ride-hailing"". WIT. 2019-07-17. Retrieved 2019-09-18.
  5. Walmsley, Julie. "This Platform Books Flat-Fee Airport Rides For Your Trips To 5 Continents (In Your Local Currency)". Forbes. Retrieved 2019-09-18.
  6. "Transport startup Jayride posts 122% revenue jump in first results as investors question failing tech listings". SmartCompany. 2018-03-14. Retrieved 2019-09-18.
  7. "Rod Bishop, CEO and co-Founder, Jayride | Travel Trends". www.traveltrends.biz. Retrieved 2019-09-18.
  8. Reports, Transportation Infrastructure News Daily. "Jayride launches new ride platform in the United States". tinewsdaily.com. Retrieved 2019-09-18.
  9. "Jayride Group aims to revolutionise airport transfer services worldwide". Proactiveinvestors UK. 2019-03-15. Retrieved 2019-09-18.
  10. Jacobs, Sam (2019-06-17). "Tech: Jayride hooks a ride from NRMA, offers discount airport transfers for 2.6m members". Stockhead. Retrieved 2019-09-18.
  11. "Jayride announces US launch, $1.5m raise". www.theaustralian.com.au. 2015-06-02. Retrieved 2019-09-18.
  12. "Airport startup Jayride raises $1.5 million: Why co-founder Rod Bishop says startups shouldn't be discouraged by investor rejections". SmartCompany. 2017-03-21. Retrieved 2019-09-18.
  13. "Road & rail wrap: Rocky Mountaineer celebrates 30 years, Swiss travel pass superstar kicks off + MORE!". Travel Weekly. Retrieved 2019-09-18.
  14. Tchetvertakov, George (2019-02-05). "Jayride Group posts solid growth figures as online travel continues swift take off". Small Caps. Retrieved 2019-09-18.
  15. "Careem joins global on-demand transport aggregator Jayride". Logistics Middle East. Retrieved 2019-09-18.
  16. Ainomugisha, Gerald (2015-06-22). "Jayride now at nearly 100 US airports thanks to $1.5m capital raise". Retrieved 2019-09-18.
  17. Inc, Midwest Communications. "Jay's Ride to raise money for Weiland Scholarship, Crossroads K9's". WSAU. Retrieved 2019-09-18.
  18. ""Brave enough to try": How Jayride's IPO propelled it into a wild new phase of global growth". SmartCompany. 2019-07-01. Retrieved 2019-09-18.
  19. "Subscribe to The Australian | Newspaper home delivery, website, iPad, iPhone & Android apps". www.theaustralian.com.au. Retrieved 2019-09-18.
  20. Cullinane, Danica (2018-01-29). "Airport transfer rate comparer Jayride lists on ASX". Small Caps. Retrieved 2019-09-18.
  21. "Jayride Group continues international expansion with 11 countries added in December". Proactiveinvestors UK. 2018-12-18. Retrieved 2019-09-18.
  22. Cullinane, Danica (2018-08-22). "Jayride Group launches its services in Italy". Small Caps. Retrieved 2019-09-18.
  23. "Transport booking startup Jayride gears up for US expansion". SmartCompany. 2015-05-31. Retrieved 2019-09-18.
  24. Magazine, Anthill (2018-06-29). "Australia's first ever crowdfunding exit of a startup sees investors double their money -". Retrieved 2019-09-18.
  25. February 6, Tristan Harrison |; 2018 9:49am (2018-02-06). "How these IPOs fared 1 week later". Motley Fool Australia. Retrieved 2019-09-18.
  26. Costa, Diogo (2017-03-21). "Jayride is 'Ubering' Uber". KnowTechie. Retrieved 2019-09-18.
  27. "First Aussie crowdfunding start-up exit Jayride gives investors back 107pc". Australian Financial Review. 2018-06-25. Retrieved 2019-09-18.
  28. "Sydney-based startup Jayride to list on ASX today after $1.5 million IPO". SmartCompany. 2018-01-28. Retrieved 2019-09-18.
  29. "Jayride receives $1.5 million in funding - 9Finance". finance.nine.com.au. Retrieved 2019-09-18.
  30. "Sydney-based airport transport startup Jayride raises $8 million to grow its US operations". SmartCompany. 2017-09-25. Retrieved 2019-09-18.
  31. "Airport transport start-up Jayride scores $8m from Follow[The]Seed and Artesian". Australian Financial Review. 2017-09-24. Retrieved 2019-09-18.
  32. "Jayride Cashes Up & Accelerates Into the Future with Public Listing | Travel Trends". www.traveltrends.biz. Retrieved 2019-09-18.
  33. "Jayride Group secures $3 million finance facility from Pure Asset Management". Proactiveinvestors UK. 2019-03-11. Retrieved 2019-09-18.

External links[edit]


This article "Jayride" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Jayride. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.