Om Holdings International Stock Price, News & Analysis

OMHI Holdings International, Inc. serves consumers and retail customers by providing a multi-tenant on-demand technology platform for the delivery of goods and services throughout the Caribbean from a single mobile app. The firm vertically integrates contactless delivery of essentials and provides multi-modal transportation. OMHI was formed through the fusion of Rydeum, an on-demand technology platform founded by Mark Hannah in 2019, and OneMart, a 35-year-old grocery store founded by Mark Vanterpool in 1986. OMHI's technology subsidiary, Rydeum, partnered with Jamaica's largest taxicab union (12,000 drivers) in 2021. This segment offers a platform akin to Uber, Grubhub, and Instacart, catering uniquely to the local on-demand economies in the Caribbean. Onemart, OMHI's storefront and essential goods subsidiary, is the second largest grocery provider in the British Virgin Islands, offering groceries, home goods, electronics, and furniture.