Social Network Website Investment Opportunity in Dubai, UAE
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Mobile Apps + 1 more |
Locations | Dubai |
Local Time | 12:21 PM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Active |
- The app is listed both on Google Play and the App Store currently.
- There will be three main offerings of the app including cycle servicing brought to home, roadside assistance, and cycling training for both children and professionals.
- The company plans to generate income by listing vendors and trainers, from whom they charge a commission.
- The company has initial plans of getting into agreements with the big 5 vendors of the region.
- We have also developed a revolutionary cycling safety IoT device powered by AI. This product has undergone two years of R&D and the testing phase is complete. It is planned to be marketed through the app and then sold once a solid network is established.
- Currently, the company is not generating revenue since the app is in the initial launch stage and is focused on creating a large connected, and informative community of cyclists. Hence there is no run rate and reported sales.
- We are currently tapping into all cities within the UAE, with future plans for expansion into the UK and Spain.
- As a subsidiary of a top technology company that offers innovative & fully tailored IoT and robotics Solutions, we offer a seamless fusion of experience, innovation, and quality.
- The 3 main services it offers include cycle servicing brought to home, roadside assistance, and cycling training.
- We have also developed a revolutionary IoT device powered by AI to ensure cyclists' safety. This product is in the manufacturing stage and has not been launched yet.
The tangible assets owned by the business include all the proprietary hardware used in developing the app.
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Earlier than 15 daysBusiness Development Manager, Facility Management, Doha, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Web Apps, Mobile Apps, Digital Marketing,HR Software, Payroll Software, Dubai, Corporate Investor / Buyer connected with the Business