Queensland startup Guvera abandons the Australian market and loses its CEO

[1] Queensland music streaming startup Guvera will be letting of the Australian market as it shifts its focus on other looming countries.

[2] Chief executive and co-founder Darren Herft is no longer working for the company, and fellow co-founder Claes Loberg will be temporarily taking over his place.

[3] After its planned $1.4 billion IPO has been blocked by the ASX, the company decided to consider other countries like India and Indonesia.

[Source] Australian Information Technology News – Queensland startup Guvera abandons the Australian market and loses its CEO