Last Refreshed:
03/01/2019
Revenue:
Above SGD1M
Cash Flow:
Not Disclosed
Payable:
Not Disclosed
Established:
2016
Gross Profit:
Not Disclosed
Inventory:
Not Disclosed
Receivable:
Not Disclosed
Owner Role:
Full Time
Net Profit:
Not Disclosed
Liability:
Not Disclosed
FFE:
Not Disclosed
Staff:
Not Disclosed
Reason To Sell
Need capital to improve our IT system
Business Description
We have been the electric scooter business for 3 years
We also have a retail shop that is GST registered (have to register for GST becasue 2017 revenue is >1M)
The e-scooter sharing industry is growing at unbelievable rate now (Esp in san francisco) and will soon replace bike sharing
major companies like uber, grab, lyft are rushing into this industry
Our business model:
start our own small scale scooter sharing program in SG
License our system to other startups all over the world
Sell scooters and IoT devices to other companies
We have received over 100 enquiries in the last 3 weeks from startups from all over the world
In the last 3 months we are working on our own escooter sharing technology and made the following progress:
- developed custom version of escooters designed for scooter sharing
- develop IoT modules for escooter
- started on backend system and app
with the boom in e-scooter sharing, especially in US San Francisco, we decide to launch our own e-scooter program
Our strengths:
- Years of experience in electric scooters
- Team of technicians and engineers in SG and china
- Has close relationship with major escooter factories in China
- Has tech foundation (backend system and app)
What we need;
- investors who can provide capital
- experienced software and IoT developers who can bring our system to the next level
Seeking minimum 30k investment
if you're keen pls include the following in your message:
What you can offer (capital/resources/connections?)
what information about us you need
your current occupation
Property Information
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