Just last week at a pre-launch event in Islamabad Timesaco, a Chinese company, revealed some interesting news. The company will soon be launching an online taxi service across 6 major cities of Pakistan; Islamabad, Lahore, Rawalpindi, Karachi, Faisalabad and Peshawar. With time they plan to further expand to 4 more.
The company introduced its instant services: taxi service “Buraq”, instant delivery “Fema” and City Freight “Cargo+” at the event.
New online taxi service Buraq coming to Pakistan
Having seen vast potential in the Pakistani market the company seems to be devising a conclusive strategy plan in order to challenge major competitors such as Careem and Uber. They plan to launch five different services including a taxi service, heavy cargo delivery, orders delivery, moving automated teller machines (ATM) and vehicle advertisement facilities. Having already invested $20 million the company plans to spend a further $600 million depednding on how well it is received in the market.
As of now Timesaco has designed 3 major applications:
- The Timesaco App for customers
- The Buraq App for drivers
- The BizTree app for partners
Company will be launching new and exciting services
Furthermore, they are introducing a groundbreaking concept within the Pakistani market by offering 97% of total earnings to the drivers. They are also offering 10% discounts on rides to weddings, conferences, exhibitions and matches; and a 10% discount for Army personnel, doctors, students, teachers, and senior citizens.
Users can also register multiple vehicles with Timesaco at one time. They can register bikes, cars, rikshaws,pickups, qingqi loaders and trucks to ensure multiple ways of earning. In a recent interview Timesaco’s Chief Operating Officer Donald-Li proclaimed that,
“Timesaco is an ecosystem platform and it care for customers, care for drivers, care for partners, care for employees, and care for investors.”
He also said that innovative technology and creative E-commerce methods would be used to ensure quality service. It will be exciting to see just how well the concepts can be implemented in Pakistan and whether it’ll help drive more investment into the country.
The app is now available on the Play-Store.
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