WarpSpeed Taxi Inc. Discusses Company’s Unique Business Plan to Disrupt the Global Ride Hailing & Delivery Space in Interview with SmallCapVoice.com

Rhea-AI Summary

WarpSpeed Taxi Inc. (OTC Pink: WRPT) is making strides in the ride-hailing and delivery market with a new all-in-one software solution. In a recent interview, CEO Travis Crane discussed their ambitious five-year plan for global market penetration, starting with India and Kenya. The app combines ride-sharing with food and grocery delivery, aiming to reduce high fees faced by restaurants. Currently in beta testing, the app is set for a full-scale launch after resolving user experience issues. The company also plans to uplist to OTCQB and expand into the US market in 2022.

Positive

• Developing an all-in-one software solution for ride-hailing and delivery.
• Targeting significant markets like India and Kenya for expansion.
• Beta testing shows positive results, indicating potential for success.
• Business model offers lower fees for restaurants compared to competitors.
• Plans to uplist to OTCQB and expand into the US market in 2022.

Negative

• None.

AUSTIN, Texas, March 15, 2022 (GLOBE NEWSWIRE) -- SmallCapVoice.com Inc. (“SCV”) announces the availability of a new interview with Travis Crane of WarpSpeed Taxi Inc. (OTC Pink: WRPT) (“WarpSpeed” or the “Company”), the developer of an all-in-one software solution for ride hailing, food delivery, and courier services, to discuss how the Company is executing on an aggressive five-year plan for market penetration in several key countries before global expansion.

WarpSpeed Taxi came from the desire to simplify and consolidate several consumer services into an ‘All-in-one’ application. They have taken a ride-sharing service and combined it with local food and grocery delivery services plus additional courier services. Thereby, customers can delete 3 or 4 different services and just use one, who’s focus is efficiency and speed.
  
“As far as the business model, we’ve set this up so we can enter the market as quickly as possible. Right now, the app is in beta testing and doing quite well in testing actually. We decided to start testing where there’s a significant need for this too, Ahmedabad, India. Once we’re confident in the application and we’ve taken care of any UX issues, we’re planning a full-scale launch in India. After that, we’re targeting Kenya. The big key here is localized branding and advertising, in India, we’re called Tezi Taxi, which is Hindi for Fast Taxi. When we launch in Kenya, it’ll be Haraka Taxi, which translates to Quickly in Swahili. The goal is to provide a localized, on-brand experience everywhere!” Crane says. “I would say our biggest goal at our doorstep is completing that Beta test and launching full scale. We really want to make an impact to what happened during the Covid-19 pandemic. See a lot of restaurants had to rely on delivery services, but they’re currently being charge up to 30% of the ticket price each time. Our business model allows taxi drivers to deliver food, groceries, and more, but instead of charging ridiculous fees, we’re basing delivery on distance travelled. This should keep costs as low as possible to restaurants and other vendors in the areas.”

The interview also highlights several corporate milestones such as moving the Company toward uplisting to the OTCQB and penetrating the US market later in 2022.

The full interview can be viewed at https://www.smallcapvoice.com/interview-warp-speed-taxi-wrpt/.

About WarpSpeed Taxi

WarpSpeed Taxi Inc. is a company involved in the development, testing, and marketing of a ride-hailing and food delivery computer and mobile device application known as “WarpSpeedTaxi: that will provide travelers with convenient door-to-door transport that leverages smart mobility platforms to connect drivers with passengers and lets drivers use their personal vehicles.

For more information, go to: http://www.warpspeedtaxi.com

About SmallCapVoice.com

SmallCapVoice.com, Inc. is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies, small cap and micro-cap stocks build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, podcasts, as well as its clients' financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks in which they are interested. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTCMarkets. To learn more about SmallCapVoice.com and its services, please visit https://www.smallcapvoice.com/small-cap-stock-otc-investor-relations-financial-public-relations/.

Socialize with SmallCapVoice and their clients at

Facebook: https://www.facebook.com/SmallCapVoice/
Twitter: https://twitter.com/smallcapvoice
Instagram: https://www.instagram.com/smallcapvoice/

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 company is not successful in developing, testing, or marketing its computer application, is unable to launch its application in India or any other jurisdiction, or fails to attract customers that use the application. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of WarpSpeed Taxi Inc. to be materially different from the statements made herein. Except for any obligation under the U.S. federal securities laws, WarpSpeed Taxi Inc. undertakes no obligation to publicly update any forward-looking statement as a result of new information, future events or otherwise.

Corporate Contact:

2261 Rosanna Street, Las Vegas, Nevada, 89117
Telephone: (269) 692-9418
info@warpspeedtaxi.com

Public Relations:
EDM Media, LLC
https://edm.media

SmallCapVoice.com
Stuart T. Smith
512-267-2430
Info@SmallCapVoice.com

Source: SmallCapVoice.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7cf957c0-50a9-4250-b7d1-85d0ce2a55dd

FAQ

What is the main product of WarpSpeed Taxi Inc. (WRPT)?

WarpSpeed Taxi Inc. has developed an all-in-one software solution for ride-hailing, food delivery, and courier services.

Where is WarpSpeed Taxi currently testing its app?

WarpSpeed Taxi is currently beta testing its app in Ahmedabad, India.

What are the future market plans for WRPT?

WarpSpeed Taxi plans to expand into Kenya after launching in India and aims to penetrate the US market later in 2022.

How does WarpSpeed Taxi's business model benefit restaurants?

The business model of WarpSpeed Taxi reduces delivery fees for restaurants by charging based on distance traveled instead of high percentages of the order price.

Is WarpSpeed Taxi planning to uplist?

Yes, WarpSpeed Taxi is moving towards uplisting to the OTCQB.