Tag: food deliver apps
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![Pandemic be damned: Last Mile (MILE.V) expands aggressively in the U.S.]()
Pandemic be damned: Last Mile (MILE.V) expands aggressively in the U.S.
Last Mile is “focused on ensuring each of its markets are profitable and meeting or exceeding utilization goals,” stated CEO Max Smith.
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![Last Mile (MILE.V) expands into 3 new markets]()
Last Mile (MILE.V) expands into 3 new markets
Last Mile (MILE.V) launched micromobility systems in Galveston, Texas (e-scooters and cruisers), South El Monte, California (e-bikes), St. Clair Shores, Michigan. (e-scooters)
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![Last Mile’s (MILE.V) surging unit economics: $9.42/revenue per trip]()
Last Mile’s (MILE.V) surging unit economics: $9.42/revenue per trip
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.
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Last Mile’s (MILE.V) ridership metrics defy logic
“Our post acquisition integration and on-the-ground business execution have translated into impressive KPI results as we continue to grow our business,” stated Sean Flood, CEO of Gotcha Mobility.
