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Cyber Apps World Inc. (OTC PINK:CYAP) announced the SEC's acceptance of the S-1 Registration Statement for its subsidiary, WarpSpeed Taxi Inc., which is nearing completion for market trading. WarpSpeed, a rideshare and delivery app, aims for significant market entry by offering competitive incentives, addressing the $385 billion rideshare sector. The next steps include hiring a Market Maker and filing with FINRA. President Mohammed Kazi emphasized that this milestone enhances the company’s value and credibility, potentially benefiting shareholders.
Cyber Apps World Inc. (CYAP) has announced late-stage negotiations to acquire a technology solution aimed at managing remote workers, balancing employee privacy and productivity. The successful acquisition will lead to filing an S-1 registration and spinning off the new venture as a separate entity, benefiting shareholders with proportional shares. The HR Technology market is expected to grow significantly as remote work becomes more prevalent, with potential investments driving this growth. The current market forecast may underestimate future expansion due to changing workplace dynamics.
Cyber Apps World Inc. (OTC PINK:CYAP) has announced the public release of a demo video showcasing its upcoming WarpSpeed Taxi platform, which is currently in late-stage development. The video highlights the app's advanced features and competitive advantages, such as drivers retaining 85% of fares, significantly higher than competitors. The global rideshare market is projected to reach $385 billion by 2025, and WarpSpeed Taxi aims to capture a share of this growth. Full completion is expected by May 2021, with plans for a spin-off as a separate trading entity.
Cyber Apps World Inc. (OTC PINK:CYAP) has outlined a new market strategy focused on acquiring and developing scalable cyber technologies. Their first initiative involves the formation of Warp Speed Taxi Inc., which has filed an S-1 registration statement with the SEC. The app aims to offer a dual service of ride-hailing and food delivery, targeting both individual and corporate customers. Warp Speed Taxi plans to provide competitive pricing and various packages to meet diverse needs, especially in light of the COVID-19 pandemic's impact on delivery services.
Cyber Apps World Inc. (CYAP) has acquired a cutting-edge ride-hailing and food delivery app through its subsidiary, Warp Speed Taxi, Inc. The acquisition positions the company as a potential disruptor in an industry projected to grow to USD $385 million by 2025. The app may significantly reduce delivery costs for restaurants, offering savings of 10% to 15% compared to current industry apps, which charge 25% to 30%. The app will initially launch in the US and expand globally. This aligns with CYAP's strategy to develop innovative technologies for a wider market.