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.
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,