Jayride Group Ltd

Jayride Group continues international expansion with 11 countries added in December

The six new countries added yesterday mark the fastest rate of expansion to date.

Jayride allows travellers to compare and book airport transfers from over 3,000 transport companies

Jayride Group Ltd (ASX:JAY) has added six countries to its e-commerce airport transfer service, bringing the total added in December to 11.

The additional destinations represent Jayride’s fastest rate of international expansion so far, with market access also growing more than 100% in under 6 months.

The six additional countries will include the Middle East region where Jayride now serves travellers in the United Arab Emirates.

READ: Jayride Group launches its transfer service in 70 additional airports in Europe

The latest launch includes 34 new airports with 114 new transport companies available.

It also grows Jayride’s market access by 276 million passenger trips to 4.2 billion which is 54% of the world’s total airport passenger trips.

Jayride’s recent expansion includes: Poland with 13 airports; Switzerland with six; one airport in Luxembourg; one in Sri Lanka; the Philippines with seven airports; and six airports in the UAE.

READ: Jayride Group breaks through $10 million milestone

Jayride’s international expansion initiative began in May with the release of the company’s new transport technology platform.

Launches of new countries have been successful and are expected to continue.

Other countries to have Jayride services introduced since May include Canada, Italy, France, Greece, Hungary, Malta, Spain, Netherlands, Austria, Cyprus, Singapore, Indonesia, Thailand, Hong Kong, Vietnam, Germany, Malaysia, Taiwan, Portugal and Belgium.

Quick facts: Jayride Group Ltd

Price: $0.43

Market: ASX
Market Cap: $36.26 m

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