WE EMPOWER DISRUPTORS
YayYo is a holding company with our primary corporate focus in the transportation/ridesharing industry, the Company’s operating business segments include an online peer-to-peer bookings platform to service the ridesharing economy through the Company’s wholly-owned subsidiary Rideshare Rental, and the maintenance of a fleet of passenger vehicles to be made available for rent through the Company’s wholly-owned subsidiary Distinct Cars. Through the Company’s wholly-owned subsidiaries Rideshare and Distinct Cars, the Company seeks to become the leading provider of rental vehicles to drivers in the ridesharing economy.
Ride sharing is a new and growing market worldwide. Rather than rent a car when arriving at a new destination, many of today’s travellers prefer to use Uber, Lyft, or a similar service. Younger professionals frequently prefer to avoid the expense and hassle of owning their own car, keeping it maintained, paying for parking, and dealing with the aggravations of commuter traffic. YayYo has perceived an enormous market for renting new cars that qualify for Uber, Lyft, and other ride share services, to ride share drivers. There is a current deficit of upwards of hundreds of thousands of these cars in markets around the country.