Last Mile is “focused on ensuring each of its markets are profitable and meeting or exceeding utilization goals,” stated CEO Max Smith.
Two weeks ago the greater Vancouver area was covered in a thick blanket of wood and smog left over from the raging inferno that is
Last Mile (MILE.V) launched micromobility systems in Galveston, Texas (e-scooters and cruisers), South El Monte, California (e-bikes), St. Clair Shores, Michigan. (e-scooters)
Gotcha has seen drastic increases in profitability across its various end markets, driven primarily by increases of 53% and 208% in riders per month and minutes ridden per month, respectively.
“Our post acquisition integration and on-the-ground business execution have translated into impressive KPI results as we continue to grow our business,” stated Sean Flood, CEO of Gotcha Mobility.
Micro-mobility ride-sharing, which is the terminology that’s been coined for e-scooters, bike-shares, mopeds and the like, is clearly an idea that has a future. Small enough to park anywhere (we’ll get to the dark side of that in a second), cheap enough to mass produce, able to be electrified and charged easily, and tied to a payment app that tracks a load of data, this business concept has everything going for it – and is being fucked up by just about everyone involved.
On April 14, 2020 Last Mile Holdings (MILE.V) announced a new delivery service for restaurants, grocery stores, and other local businesses. It’s a smart adaptive
Gotcha, subsidiary of Last Mile Holdings (MILE.V) has extended its business during the COVID-19 pandemic by offering its vehicles to local restaurants and grocery stores
“Last Mile’s OJO chain is growing fast, and in a controlled, responsible, and municipally welcomed fashion,” stated Equity Guru’s Chris Parry on March 13, 2020, “It’s a half billion dollar company in the making, in a $9 million market cap package”.
MILE now has the broadest product profile in the micro-mobility space, featuring a pedal bike, e-bike, standup scooter, seated scooter and trike,” stated Max Smith, CEO of MILE. “Offering multi-modal solutions is key to expanding our network.”
OjO Electric (OJO.V) has entered into an agreement to acquire Gotcha Mobility, an e-mobility company operating in the transportation solutions sphere. Shortly after the acquisition,
