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YayYo, Inc., quoted on the OTC under the symbol “YAYO,” is a holding company with a mission to bridge the gap between gig economy drivers who need vehicles and transportation network and delivery companies that depend on attracting and keeping drivers. One of the company’s wholly-owned subsidiaries, RideShare Rental, is a proprietary platform that rents vehicles with approved gig economy insurance to rideshare drivers and provides fleet operators with a platform to manage their vehicle rental fleets. Distinct Cars, another wholly-owned subsidiary, maintains a growing fleet of new standard passenger vehicles and rents these vehicles directly to rideshare drivers. Through RideShare Rental and Distinct Cars, YayYo seeks to become the preeminent provider of rental vehicles to drivers in the gig economy.



The rideshare industry is growing rapidly. Rideshare companies are adding more than 50,000 drivers a month to meet the current demand, and growth continues to accelerate. Uber alone has an estimated two million drivers in the United States.

But not everyone who wants to drive for Uber, Lyft, and other rideshare services owns a suitable vehicle. YayYo bridges the gap between these rideshare drivers in need of a vehicle and the rideshare companies whose brands depend on attracting—and keeping—drivers with appropriate vehicles.

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YayYo, Inc., Expands its Rideshare Rental Fleet Partnership with LMP Automotive Holdings with an increased Line of Credit

The Company expands its fleet of cars and refinances 96 cars at significantly reduced monthly payments, increasing the Company’s cash flow and profitability.