Author: King News Wire

  • 2022 JCI CYEA Top 3 and Top 10 Winner are announced in Melaka

    2022 Junior Chamber International (JCI) Creative Young Entrepreneur Award (CYEA) winners, Top 10 and Top 3 are announced.

    Bukit Mertajam, Pulau Pinang, Malaysia, 28th Oct 2022, King NewsWire,

    2022 JCI CYEA Award : Initiated by Junior Chamber International (JCI) in 2005, Creative Young Entrepreneur Award (CYEA) is created to reward, honour, and recognise young talents in entrepreneurship. Those selected proven to put a lot of effort in their imagination and creativity for their business success. 

    2022 JCI CYEA Award Winners

    At the award ceremony, organizer made an announcement highlighting the Top 10 winners for this award, and from the list, organizer narrowed down to further select their Top 3. 

    2022 JCI CYEA Award Top 3

    E Health Sdn Bhd  Ker Chin Keong
    Homa Sdn Bhd Lim Pei Ni
    Reskills EdTech Sdn Bhd Tan Ting Jin

    2022 JCI CYEA Award Top 10

    Taka Patisserie (Taka Cake Supplies Sdn Bhd) Leong Kia Chun
    Homevest Sdn Bhd Marcus Low Tian Siong
    Jasper Lodge Sdn Bhd Lim Geng Yan
    Rurutiki Sdn Bhd Xiao Yen Goh
    Kunkwan Sdn Bhd Ng Kun Kwan
    Kairos Harvest Sdn Bhd Ezra Tan Koon Hock
    Duricious Sdn Bhd Leron Yee

    Congratulations to the Top 3 and Top 10 winners! 

    Media Contact

    Organization: Wise Media Studio

    Contact Person: Edwin Phang

    Email: [email protected]

    Phone: +6012-4418007

    Website: https://www.wisemedia.asia/

    Address 1: 37, Jalan Waja, Taman Kijang Indah

    City: Bukit Mertajam

    State: Pulau Pinang

    Country: Malaysia

    The post 2022 JCI CYEA Top 3 and Top 10 Winner are announced in Melaka appeared first on King Newswire.

    Information contained on this page is provided by an independent third-party content provider. King Newswire and this Site make no warranties or representations in connection therewith.

    This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.



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  • Generate Unlimited Profits While Donating and Helping Others

    Passiveworld is a new platform that allows users to make a profit from donations. This differs from other platforms as it allows users to make unlimited profits while helping others.

    United States, 27th Oct 2022, King NewsWire, Passiveworld builds a charity center in specific areas where the income generated for the charity will go directly to the cause. These areas are poverty, education, and health. This causes people from all around the world to support this program and donate to the cause they believe in. The cause may be related to an individual or a community.

    Although the company is new, it has gained much attention in the past few months because of its unique business model. The company aims to create a donation system that can generate profits while also helping people in need. With the motto “Delivering Help and Hope through Sponsorship,” Passiveworld has created a unique platform where members can not only donate but also get a chance to receive donations from others. Based on the new concept of “win-win” for members and non-members alike, this platform offers eight different levels of bonuses.

    In addition, members are able to recruit new members under their accounts and earn affiliate commissions from their personal referrals’ donations. In short, by donating money, you can also make money by referring new members who need your help.

    LEARN HOW THE PASSIVEWORLD SPONSORSHIP SYSTEM WORKS
    https://www.passiveworld.io/assets/pdf/PassiveWorld.pdf

    “This program can easily make you profit while helping others by making it possible for you to make money without having to do any type of physical work or effort put in. You start with $35, and with this amount, you can generate an unlimited income with just a computer and an internet connection. Users will be given instructions on how to do this online with little or no work at all,” said A Passiveworld company representative. “To help those at the bottom of the pyramid, we need to improve their health, shelter, and education. A person in a poor country could only have access to a few meals a day, which makes them unhealthy. Many can not even afford basic shelter or clothing, which leaves them vulnerable to the weather. Many children are denied an education as a result of poverty and are forced into labor. These are all things that people from developed countries take for granted but which shatter lives in poor countries. “

    About PassiveWorld
    The Passiveworld is a platform that allows users to generate income while helping others in need. Users start with $35 and earn an unlimited income while helping others in need. The platform is available for all users and does not require any hassle requirements. In addition, the goal of this platform is to bring about better living conditions for those less fortunate by donating to people who can use the money to improve their own lives. For more information and to join the platform, please visit https://www.passiveworld.io

    Email: [email protected]
    Telegram: @PassiveWorldSupport

    Media Contact

    Organization: passive world

    Contact Person: Justin Gad

    Email: [email protected]

    Website: https://www.passiveworld.io

    Country: United States

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  • Passive World Bringing Change to the World Through Unique Donation System

    Passive world introduced world’s first and very unique system where each and every donor will earn something

    United States, 26th Oct 2022, King NewsWire – Passive world is bringing a unique donation system to the world that is made by the community for the community. This system provides unlimited non working bonus through multiple streams. The main currency for this whole system is BUSD.

    Although there is no guarantee to make any money but the system is foolproof and calculated so each and every person who join will earn more than expectations this is the opinion of the community who knows the logic behind this system. The biggest surprise is they don’t need to wait for long like other systems. Passive World have no boundaries for members to enter in the system. They’re offering a joining package of 35$.

    CEO of Passive World said “We are introducing world’s first and very unique system where each and every donor will earn something. There are many other systems running but most of them running in same pattern this is why people do not get what they expect and system don’t run for long. With a small donation Passive World open the door for success”.

    Passive World is offering 8 different types of Bonuses to their members.

    • Level Bonus
    • Single Leg Bonus
    • Daily Bonus
    • Auto Pool Bonus
    • Magic Shift
    • Wonder Shift
    • Leadership Bonus
    • Global Royalty

    Out of these 8 different Bonuses 5 of them are non working without any conditions and the level bonus gets generated through member’s own team. You can easily withdraw your money in BUSD.

    You can visit their website to get complete details about the system or to join it. www.passiveworld.io 

    Future Project: PassiveVerse will be a different world where we can organize virtual meetings and seminars and will be rewarded with PVC coins if we reach in some particular places and use the resources available there. the whole details will be shared in phase-2

    ABOUT US:

    Passive world is a unique crowd Funding system working on a unique donation system made by the community for the community. Here we enjoy unlimited non working income through multiple streams. We are introducing world’s first and very unique system where each and every donor will earn something. There are many other systems running but most of them running in same pattern this is why people do not get what they expect and system don’t run for long. With a small donation Passive World open the door for success and although there is no guarantee to make any money but the system is foolproof and calculated so each and every person who join will earn more than expectations this is the opinion of the community who knows the logic behind this system. The biggest surprise is they don’t need to wait for long like other systems. Passive World have no boundaries for members to enter in the system.

    CONTACT US

    Website: www.passiveworld.io 

    Email: [email protected]

    Telegram: @PassiveWorldSupport

    Media Contact

    Organization: passive world

    Contact Person: Justin Gad

    Email: [email protected]

    Website: https://www.passiveworldmio/

    Country: United States

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  • Wake Up with Patti Katter – Inspiring Stories That Can Change Your Life

    “Wake Up with Patti Katter” is a podcast featuring extraordinary guests with inspiring stories that have the power to change the way we live, breathe and think. These guests have overcome major obstacles and adversities in their lives, and they’re ready to share their wisdom with you. If you’re looking for motivation, this is the place to find it.

    Patti Katter, the host of the popular podcast “Wake Up with Patti Katter” and world-renowned confidence expert, has stated that there is much to be learned from the fascinating, yet harrowing tales of mental resilience, courage, and desperation. Katter began caring for her husband, who was wounded in the war in 2007, and she also suffered a great loss when both of her parents passed away in 2015. Despite all of this, Katter has continued to empower people across the world with her story and her work in confidence-building. She is an inspiration to many.

    For over a decade, Patti Katter has been a driving force in the world of podcasting. Her show is consistently ranked in the top 1% of all podcasts, and she has had some incredible guests on her show over the years. Notable and brave people have been interviewed on Wake Up with Patti Katter and have shared their great journeys and insightful words of wisdom that are sure to help listeners in their own personal growth. With such a long-standing and successful show, it’s evident that Katter knows what she’s doing when it comes to conducting interviews that engage and educate her audience.

    The importance of inspirational stories is immeasurable in our lives, as we all need a motivational push to keep our hopes alive and increase our productivity. “As followers of inspiring podcasts, we can find points of connection with the characters in their stories. The tales of success shared by extraordinary people remind us that anything is possible. They work as powerful encouragement, pick-me-ups during tough times, and provide a dose of much-needed motivation when we require it most.” says Patti.  

    Patti Katter’s weekly podcast, “Wake Up with Patti Katter,” features inspiring and upbeat messages from experts on a variety of topics, including gratitude, willpower, stress, and more. Each episode is around 30 minutes long and offers a mix of personal stories and useful tips and techniques for living a healthier, happier life. Whether you’re struggling with a specific problem or just looking for some general motivation, this podcast is sure to teach you something valuable and help you get one step closer to conquering life’s challenges.

    Media Contact

    Organization: Wake Up with Patti Katter

    Contact Person: Patti Katter

    Email: [email protected]

    Website: https://pattikatter.com

    State: Florida

    Country: United States

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  • Jotul Capital Introduces New Brokerage Policies to Facilitate the Users

    Jotul Capital is a newly launched trading platform. Recently, the company has introduced new brokerage services for traders in the market.

    London, United Kingdom, 26th Oct 2022, Jotul Capital emerges as a trading platform. In the latest development, Jotul Capital has developed new trading services that facilitate traders in the brokerage process. The services mainly revolve around closing the needs of traders, as the company makers felt the void in the trading market.

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    Jotul Capital focuses on the essential points for a trader. In that case, Jotul Capital offers customized conditions and time as valuable resources to ensure traders do not have to wait for orders to be executed. The company’s newly launched services entail:

    • Quick deposit and withdrawal of funds.
    • Advanced analytical tools: It yields an availability of analytics tools-financial market reviews from leading analysts to build the right strategy. The training material is made so that it allows people to structure the knowledge for more efficient use of their experience, even for experienced traders.
    • Training: It provides the availability of a training center for new traders who know little about the financial markets.
    • Safety: Jotul Capital operates as a self-respecting platform using all the modern mechanisms to protect the funds. Therefore, the team does not write about encryption techniques, audits, protection against bots, and SYN flood since all of this has already been used. And when the officials of Jotul Capital are confident in their company’s security, it remains only to protect the trader from mistakes and provide tools for use.

    Furthermore, the features of Jotul Capital include a complimentary demo account. Before opening a live trading account, users can try a complimentary demo account to explore the intuitive trading platform and improve skills.

    Jotul Capital also enables its traders to manage risk. Traders can use risk management tools to limit losses. The company publishes figures and statistics so that traders can evaluate the effectiveness of interaction.

    About Jotul Capital

    Jotul Capital is a trading platform established in 2013. Jotul Capital has over 2,700,000 transactions per month. The company is expanding its international portfolio with over 800 different stocks from various global markets, and in 2019 Jotul Capital trades in the global financial market, achieving its goal: to act in the interests of traders.

    Potential traders must visit the following link to avail of Jotul Capital’s services: https://jotulcapital.com/

     

    Media Contact

    Organization: Jotul Capital

    Contact Person: James Bell

    Email: [email protected]

    Phone: +447717077906

    Website: https://jotulcapital.com/

    Address 1: Main office; 30 ST. MARY AX LONDON ENGLAND EC3A 8EP

    City: London

    Country: United Kingdom

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  • FlyFin Announces Free Itemized Tax Deduction Wizard For Self-Employed and Freelancers

    San Jose, CA, United States, 25th Oct 2022, King NewsWireFlyFin, a human plus A.I.-powered tax prep and tax filing service, enhanced its tax resource center by unveiling the first Itemized Tax Deduction Wizard for freelancers and the self-employed. FlyFin’s new Itemized Tax Deduction Wizard works with a person answering a few key questions, after which they receive a list of itemized deductions available to them, snippets of deduction categories, and tips on how to take a particular deduction. There are thousands of available deductions, depending on a freelance or self-employed individual’s situation. This tool helps them find every possible deduction that applies to them. 

    FlyFin is the first A.I.-based tax engine that combines the human expertise of real CPAs, resulting in a powerful, automated solution that eliminates 95% of the work required. FlyFin’s mobile-first app is ideal for self-employed people, freelancers, gig workers, and creator economy free agents, who often have greater tax complexities.

    Every year, self-employed people across America are unsure about which business expenses qualify as deductible and what tax write-offs they can take. According to the National Taxpayer Advocate, one of the major difficulties taxpayers face regarding tax deductions is that they are unaware of which ones they’re eligible to claim. FlyFin’s easy-to-use wizard helps taxpayers quickly find tax deductions and learn how to save thousands of dollars in eligible deductions that lower their tax bill.

    There are so many tax deductions that self-employed people and freelancers can take that some people may be unaware of many of them. Some of the most common tax write-offs fall under broad categories: business expenses, home office expenseshealth insuranceeducational expenses and retirement savings plans. However, tax deductions for self-employed people and freelancers can quickly become tricky and complicated:

    1. Self-employed individuals aren’t always aware of all the deductions they can take.
    2. The tax laws are constantly changing, so what was deductible last year might not be deductible this year.
    3. Self-employed people and freelancers often have complex financial situations, with income from multiple sources and expenses in various categories. This complexity can make it challenging to determine which deductions are available and how to claim them.
    4. Ineligible tax deductions often result in higher tax liability for the taxpayer. The taxpayer may have to pay additional taxes and be subject to penalties and interest charges.
    5. Tax credits like the Child Tax Credit can also have a significant impact on tax savings. 

    “FlyFin is committed to automating and simplifying the tax filing process for our customers. We hope our new tool will shine a light to help people and our customers determine what types of expenses they’re eligible to deduct on their taxes,” said Jaideep Singh, CEO of FlyFin. 

    FlyFin’s new Itemized Tax Deduction Wizard is part of a larger initiative the company is undertaking to build a comprehensive resource center for tax preparation dedicated to the needs of self-employed people and freelancers. 

    • The company recently unveiled a free Tax Form Wizard that shows 1099 taxpayers the IRS tax forms that apply to their needs as self-employed individuals. It also provides recommendations for forms specific to their work and situations. 
    • Earlier this year, FlyFin introduced a 1099 Tax Calculator tool that helps self-employed individuals with their taxes. The 1099 Tax Calculator quickly computes quarterly or annual income taxes for freelancers and self-employed individuals, so they know what the amount of their next tax payment needs to be. 

    About FlyFin
    FlyFin is an A.I.-powered platform that provides self-employed, sub-contractors, independent contractors, gig workers, freelancers and creator economy workers with a convenient, easy-to-use and affordable tax filing solution. FlyFin helps individuals maximize self-employment tax deductions and income tax refunds. With a “Man + Machine” approach, FlyFin leverages A.I. paired with highly experienced tax CPAs to deliver automation that eliminates 95% of the work required for 1099 self-employed individuals to prepare their taxes. FlyFin is a privately-held, venture-backed company based in San Jose, California.

    Media Contact

    Organization: FlyFin

    Contact Person: Carmen Hughes

    Email: [email protected]

    Phone: +1.650-576.6444

    Website: https://flyfin.tax/

    City: San Jose

    State: CA

    Country: United States

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  • The DITP returns to the American Film Market with eight leading Thai companies. Revenue is projected at over 13m USD.

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    Bangkok, Thailand, 25th Oct 2022,  The Department of International Trade Promotion (DITP), Ministry of Commerce will attend the American Film Market 2022 or AFM in Santa Monica – the largest trade event for the film industry in the USA.

    The DITP will support eight leading representatives of the Thai film industry through a matchmaking program identifying potential customers and business partners.

    The event will take place from 1st to 6th November 2022, and will be held for the first time in three years, following the COVID pandemic.

    In spite of the challenges to global film production during the pandemic, international demand for content remains strong, and Thai companies will take their latest titles to AFM. It is estimated that revenue from sales, licenses and service contracts will exceed US$13m. 

    Mr. Phusit Ratanakul Sereroengrit, the Director-General of the Department of International Trade Promotion (DITP), Ministry of Commerce announced the Thai representation at AFM as part of the ongoing commitment to the Creative Economy. AFM will bring opportunities to strengthen the international profile of the Thai film industry and to build global relationships.

    This commitment to the Creative Economy is the policy of Mr. Jurin Laksanawisit, the Deputy Prime Minister and Minister of Commerce and is consistent with the important role of the digital content industry within the economy.

    “Each year, the DITP supports the digital content industry by determining the key markets for promotion and expansion, so that Thailand may remain attractive and competitive as a regional hub of digital content. Thailand also benefits from its ‘Soft Power’, showcasing its unique cultural identity.”

    In October 2022, the DITP led a delegation to the Asian Contents and Film Market in Busan, South Korea. This generated revenue of over US$10m, exceeding expectations.

    The American Film Market is an important trade event targeting the North American market. Each year, more than 8,500 delegates from more than 80 countries attend AFM, 

    It offers networking opportunities as well as industry screenings and seminars.

    The Thai companies representing Thailand are:

    Benetone Films, Film Frame Productions, GDH 559, Hollywood (Thailand), Kantana Sound Studio, M Pictures, Right Beyond, and Sahamongkolfilm International.

    They will bring more than 50 new titles to AFM including ‘Haunted Dormitory’, ‘Home for Rent’, ‘5th Round’, ‘Faces of Anne’, ‘Immortal Species’, and ‘Khun Pan 3’.

    For more information, contact: [email protected] 

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    Media Contact

    Organization: Department of International Trade Promotion

    Contact Person: Media Relations

    Email: [email protected]

    Website: https://www.ditp.go.th

    City: Bangkok

    Country: Thailand

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  • BrickMate acquires Freemoa, one of Korea’s Big 3 IT project matching platforms

    Korea South, 25th Oct 2022, King NewsWire, A commemorative photo. From the left: Freemoa director Chan Lim, CEO Kyung Won Han, BrickMate CEO Jong Soo Oh, and CEO Min Wook Kim.

    BrickMate Inc. (www.brickmate.net), a global IT outsourcing company in South Korea and Vietnam specialized software application development, announced that it had signed an M&A agreement with Freemoa, a leading Korean IT project matching platform operator, on September 30.

    BrickMate CEO Jong Soo Oh explained the move: “The purpose of this M&A is to further advance toward our goal of becoming a digital powerhouse with the largest development capacity and resources in Korea. We plan to become a hub for the borderless workforce ecosystem: one in which talented developers from all over the world can participate in Korean projects and, conversely, Korean developers can freely participate in global projects.”

    This strategic M&A will be carried out in the form of a transfer agreement for shares held by Freemoa management and a capital increase agreement. BrickMate will be procuring a 70% share in Freemoa and becoming the largest shareholder, with a transfer of management rights also taking place. BrickMate management will be joining Freemoa’s Board of Directors while Freemoa founder and CEO Kyung Won Han will remain as CEO.

    A company official explained that “BrickMate has been growing rapidly since it was merged as a subsidiary of the KOSPI-listed company Kumho Electric Inc. (CEO: Hong Min Lee) in January,” adding “This deal was made as part of a move to achieve a more aggressive growth rate.”

    Freemoa is a project brokerage platform specializing in IT and online services within the Korean “gig economy” category alongside companies like Kmong and Wishket. Projects amounting to a total of approximately 368.1 billion won have been registered on the platform so far. Freemoa also boasts a successful project portfolio matching record of 75,882 cases, with tens of thousands of software developers actively using Freemoa’s services.

    BrickMate is a global IT development company based around next-generation technology and is engaged in various businesses within the B2B software industry such as system integration, cloud solution introduction, Korean and foreign technology investment, and development of blockchain-specific solutions and services. Through this M&A, the company has laid the foundation for a full-scale business expansion with one of Korea’s “Big 3” IT project matching platforms.

    BrickMate will be supporting all companies supported by Freemoa so that they can easily adopt cloud-native-based technology and plans to reorganize and expand into a service that offers more than simple brokerage. By combining the global capabilities of both companies and the Korean developer network infrastructure, BrickMate plans to promote process innovation that will allow them to handle large-scale development projects both within Korea and overseas using a cross-border convergence method. In addition to this, BrickMate also plans to upgrade Freemoa’s existing business model, launch the platform on the global market in countries such as the United States and Vietnam, and expand its service extensively.

    Media Contact

    Organization: BrickMate

    Contact Person: Jon Oh

    Email: [email protected]

    Phone: +82-70-8064-6727

    Website: https://www.brickmate.net/

    Address 1: Seoul HEADQUARTER Address: 19F, Two IFC, 10, Gukjegeumyung-ro, Yeongdeungpo-gu, Seoul, Republic of Korea Contact: +82-70-8064-6727

    Address 2: Ho chi minh build center BRANCH Address: 5F, 284/41/2 Ly Thuong Kiet Street, Ward 14, District 10, Ho Chi Minh City, Vietnam Contact: +84 28 7300 3103

    Country: Korea South

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  • BLOCKCHAIN PLATFORM CRYPTOMARKINGS LIMITED SET FOR PRE-LAUNCH WITH SPECIAL OFFERINGS FOR EARLY USERS

    Cryptomarkings is a multifaceted Crypto trading software that encompasses an artificial intelligent algorithm designed to execute automated trading processes in real time, also a manual and copy trading tool, Crypto gems signal provision and more.

    London, United Kingdom, 24th Oct 2022, A new blockchain venture, Cryptomarkings, has today released plans for its pre-launch offerings for lucky early users. With details confirming that the pre-launch will commence on the 31st of October 2022 and close on the 30th of November 2022.

    Several exciting offerings are surely set to take the world of cryptocurrency by storm, particularly the fast-growing blockchain and Artificial intelligence market, which it seeks to break into.

    ARTIFICIAL INTELLIGENT TRADING

    With the Cryptomarkings platform, customers will be able to make use of automated AI software trading robots. These robots, are created to solve a glaring gap in the crypto space. The Knight Robot, Centurion Robot, and Emperor robot provide different strategies, including technical and fundamental analysis, to analyze the market to ensure maximum profit while minimizing loss.

    COPY & MANUAL TRADE

    The versatility of the Cryptomarkings system ensures Novice and busy traders can copy the trades of Professional traders through the systems copy trading feature. The platform would also represent a fairer deal for professional traders, where successful trading strategies, when copied, ensures they earn consistent commissions through the manual trade feature.

     

    CRYPTO GEMS SIGNALS

    Cryptomarkings offers its esteemed subscribers a gems signal provision, where crypto traders receive signals on crypto gems with great potential. These gems, bought at low rates, can give these customers amazing long-term financial gains.

     

    COMPENSATION PLANS & EARNINGS

    With the Cryptomarkings platform, customers will get rewarded in multiple ways. Through the Binary reward system; users enjoy a weekly Binary Commission of 10% off your weaker leg’s subscription value till Infinity. The Leadership Reward, gives customers chance to EARN from their Level 1 to Level 7 downline based on their rank. The platform also provides a Direct referral reward, where customers earn between 15% to 50% of subscription value off your direct referrals.

    CRYPTOMARKINGS PRE-LAUNCH

    The Cryptomarkings pre-launch are activity earmarked to create awareness and build excitement for the company’s incoming offerings. It is also an opportunity to give their new communities a chance to test the different products on offer. 

    Early subscribers are given a once-in-a-lifetime opportunity to have the first look at the company’s offerings, sample these offerings, and get benefits at highly discounted rates.

    As a reward for joining the train early, Pre-launch users stand to gain a weekly 20% commission off their weaker legs package value till infinity in the Company’s Binary Compensation plan. Different from the 10% commission given to users that subscribes once the company’s main launch is announced.

    CMK TOKEN

    With the Cryptomarkings platform, customers will be able to purchase CMK Tokens. The token launch is scheduled for the second quarter of 2023 and will unlock other exciting features, such as Staking, DEX, NFT Marketplace, and lots more.

    For regular updates and more information about this new and exciting project, customers can visit the Cryptomarkings social media handles:

    Facebook: Cryptomarkings 

    Twitter: https://twitter.com/crypto_markings

    Instagram: @cryptomarkings

    Telegram: https://t.me/cryptomarkings  

    Youtube: https://www.youtube.com/channel/UCCQjXxwFFhJpo7_u8AVXRnw 

    Website: https://cryptomarkings.net

    Media Contact

    Organization: CRYPTOMARKINGS LIMITED

    Contact Person: Media Relations

    Email: [email protected]

    Website: https://cryptomarkings.net

    City: London

    Country: United Kingdom

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  • Shuttle’s access to EU and USA markets. Signing contracts with Turo, Sixt, Hertz


    Australia, 24th Oct 2022 – Nowdays, it is a very important moment for the development of the Shuttle Rent investment platform, where private users can invest money online in vehicle rentals. Last week Shuttle Rent signed contracts with the world’s leading car rental services such as Turo, Sixt and Hertz in order to immediately cover the most significant markets of the USA (Turo) and several countries in European Union (Sixt, Hertz).

    The contract with Turo was the most difficult since the operator is working in Northern America, which have very strict regulations. The contract was rumored to have taken the company more than 14 months from the date of the prototype. Marco Fanger, Shuttle‘s CEO, mentioned that most of the time was taken by the recalculations of the economic model of cooperation due to the instability of world currencies, and the exchange rate of the USD/EUR pair especially. Despite all the difficulties, the companies eventually signed a trial contract for 18 months with a possible extension to 36, 60 or 100 months after the initial period.

    Company decided not to risk signing a long-term contract, but with a 95% probability, the contract will be extended for at least 60 months after first one’s expiration. Long-term cooperation is economically better for both sides. Now, Shuttle establishment decided to focus exclusively on the US market, and for trial cooperation were chosen 2 cities: Boston and Los Angeles. These two locations are opposite in vehicle rental business, it will give a broader analysis picture.

    10 cars are currently available, mostly from premium class
    In Boston: BMW M5, Audi S8, BMW 750, Porsche 911 Carrera 4S, Audi RS7 
    In Los Angeles: Mercedes-Benz AMG GT-R, Mercedes-Benz S580, Audi R8 V10 Plus, Mercedes-Benz GLS580, Porsche Taycan Turbo S
    Approximately every month, the list will be filled with new cars, by the end of 2023 it is planned to expand the fleet up to 22 vehicles.

    With Sixt and Hertz, Shuttle will operate on an identical model, with an initial contract duration of 60 months
    There will be more cars available, as well as new classes
    Companies will operate with cars ranging from a single-seater Renault Twizy to supercars such as the Lamborghini Urus or Aventador S
    Initial locations are: Krakow, Warsaw, Frankfurt, Munich, Zurich and Geneva

    URL: https://shuttle.rent

    Media Contact

    Organization: SHUTTLE RENTAL AND CARSHARING SERVICE PTY LTD

    Contact Person: Quentin Beaux

    Email: [email protected]

    Website: https://shuttle.rent

    Country: Australia

    The post Shuttle’s access to EU and USA markets. Signing contracts with Turo, Sixt, Hertz
 appeared first on King Newswire.



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