Sign up USA
Proactive Investors - Run By Investors For Investors

World Moto chief sees big market for motorcycle meters

World Moto (OTCMKTSL:FARE) recently inked a new distribution deal to spread its Moto-Meter product throughout Kenya, and chief executive Paul Giles speaks to Proactive on this, and other progress the firm is making in new countries.

Giles says the market in Kenya for the firm, which provides meters for motorcycle taxis, could be around £70mln and this could rise with the introduction of other products.

World Moto also has a taxi-hailing app, and Giles adds that “a long time ago the taxi industry was boring, but now the [new wave of] taxi apps have made them exciting.”

Meet ImmuPharma PLC, Synairgen plc, Tissue Regenix Group PLC, Tissue Regenix Group PLC and WideCells Group at our event, London, 02 November 2017. Register here »

Register here to be notified of future World Moto articles
View full FARE profile View Profile

World Moto Timeline

February 09 2016
January 19 2016
Copyright ©, 2017. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use