Splend was launched with the intention of letting anyone generate an income by driving for Uber, even if they don't own a car. They now own thousands of vehicles across the world, which they rent to people so they can drive for ride-sharing companies.
Splend piggy-backed off the growth of ride-sharing companies, mainly Uber, which enabled it to attract significant investment. Even though the ride-sharing market is starting to wane in popularity, the industry is stilll filled with well-backed companies, and Splend has ridden this wave to becoming a self-sustaining company.
Splend has now moved on to explore other gig economy opportunities like food and parcel delivery, as well as shifting focus to electric and hybrid cars to support the green transition. Recently, it received a grant from the Clean Energy Financing Corporation (CEFC) that will be used to double the number of EVs in its fleet.
Kirsty
Company Specialist at Welcome to the Jungle