STOCK TITAN

Cyber Apps World Inc. (OTC PINK:CYAP) Releases Features Of Friendly and Fast Food Delivery, Groceries and Courier App

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Cyber Apps World Inc. (OTC PINK:CYAP) is developing a new app called Friendly and Fast, aimed at providing food delivery, grocery, and courier services. This app is set to launch initially in the USA, targeting both individual and corporate customers. The company plans to implement competitive pricing strategies to attract clients, particularly in light of recent challenges faced by existing delivery services during the pandemic. President Mohammed Irfan Rafimiya Kazi emphasized the importance of brand recognition through effective marketing campaigns to capture a significant share of the growing global delivery market.

Positive
  • Development of the Friendly and Fast app targeting multiple sectors: food delivery, groceries, and courier services.
  • Planned competitive pricing strategy aimed at attracting corporate clients, potentially increasing market share.
  • Initial launch in the USA with future expansion to Europe, Canada, and Australia.
Negative
  • Dependency on a third-party company for app development, which could pose risks to timelines and quality.
  • Potential market saturation in the competitive delivery app space could impact profitability.

According To Statista, The Online Food Delivery Segment Is Projected To Reach US$182,327m By 2024.

LAS VEGAS, NV / ACCESSWIRE / July 1, 2021 / Cyber Apps World Inc. (OTC PINK:CYAP), a company that intends to focus on using strategic investment strategies to fund, incubate, launch, and grow profitable, multiple businesses as wholly-owned subsidiaries, is pleased to announce its current development of the Friendly and Fast Food Delivery, Groceries and Courier App. Friendly and Fast is anticipated to be a world-wide application, which Cyber Apps intends to initially launch in the USA and then expand to other markets, including Europe, Canada, Australia and others.

Friendly and Fast will offer a smartphone-based app that customers will be able to order not just food, but also groceries and other courier services. Friendly and Fast's focus will strictly be delivery of goods and will be a compliment to the WarpSpeed Taxi app that will also focus on ride-hailing services. Cyber Apps has commissioned a private company to be primarily responsible for the development of the application.

Friendly and Fast will target both individuals and corporate customer segments. For corporate clients, the application will give discounts to restaurant owners, grocery stores, couriers, and similar enterprises so they can affordably provide deliveries to their customers. Cyber Apps believes this will provide it with a competitive pricing advantage that will address recent business concerns regarding low margins due to excessive charges from other food delivery application companies during the COVID pandemic lockdown.

Mohammed Irfan Rafimiya Kazi, the company's President, said: "This app, with all of the anticipated features and services, can allow the Company to reach for a significant share of rapidly growing global delivery markets. One of our most important goals is brand recognition, which will be reached through marketing campaigns, partnerships and platform updates. We see that effective marketing is a very important tool for attracting customers and different marketing strategies will be implemented for reaching our target groups. The techniques will be different in different stages of our business to maximize revenues for the business and a return for our shareholders."

About Cyber Apps World Inc.

Cyber Apps World, Inc. is a company that is dedicated to acquiring and developing a worldwide ecommerce internet platform with the purchase and sale of products and services by way of mobile/computer applications worldwide. Cyber Apps World anticipates making available to subscribers, an ever-growing list of applications and programs.

For more information go to: https://cyberappsworld.com

Forward-Looking Statements:

This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. That includes the possibility that the business outlined in this press release cannot be concluded for some reason or will not be successful. That could be as a result of problems that were not anticipated. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Cyber Apps World, Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, Nature Consulting, Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.

Company Address
9436 W. Lake Mead Blvd.
Suite 5-53
Las Vegas, NV 89134
Phone: (702) 805-0632

For All Inquiries Contact:
info@cyberappsworld.com

SOURCE: Cyber Apps World Inc.



View source version on accesswire.com:
https://www.accesswire.com/653793/Cyber-Apps-World-Inc-OTC-PINKCYAP-Releases-Features-Of-Friendly-and-Fast-Food-Delivery-Groceries-and-Courier-App

FAQ

What is the focus of Cyber Apps World Inc.?

Cyber Apps World Inc. focuses on developing a global ecommerce internet platform, including mobile applications for various services.

When will the Friendly and Fast app be launched?

The Friendly and Fast app is set to launch initially in the USA, with plans for expansion to other markets afterward.

What services does the Friendly and Fast app offer?

The Friendly and Fast app will offer food delivery, grocery delivery, and courier services to both individual and corporate customers.

What competitive advantage does Cyber Apps World Inc. aim for?

The company intends to provide competitive pricing to attract corporate clients and address recent challenges in the delivery market.

What is the stock symbol for Cyber Apps World Inc.?

The stock symbol for Cyber Apps World Inc. is CYAP.

CYBER APPS WORLD INC

OTC:CYAP

CYAP Rankings

CYAP Latest News

CYAP Stock Data

170.19k
1.12M
11.99%
Software - Application
Technology
Link
United States of America
Lugano