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Bussr to Reach $1 Billion in Sales on Its Mobility Platform in 2022

indie
3 minutes

SINGAPORE, Sep 2, 2021 - (ACN Newswire via SEAPRWire.com) - Bussr offers a mobility payment solutions platform for businesses and users, powering payments infrastructure for the mobility market using the latest booking and ticketing innovations. More than 800 businesses have already signed on to use Bussr's platform, 100 of which, amounting to US$150 million in annual sales, will go live in 2021.Bussr believes that every trip and transaction should empower people to move and connect, with the smallest carbon footprint possible. Every Bussr trip considers distance and environmental impact as well as the ability to reduce urban congestion.Bussr is also in the advanced discussion stage with the Indonesian Government to digitize the metro transit ecosystem, with an expected 10 million daily users.Bussr's innovative offerings extend to disrupting the last-mile logistics space; delivery brands and retailers will have a simple, automated way of integrating and adding the most relevant payment options to their business model, delighting their customers with affordable same-day delivery. The mobility sector is an immense $2 trillion market that still relies on paper cash, fax machines, and ...

ACN Newswire
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Bussr Joins BMW Foundation and MIT Global Sustainability Initiative

indie
4 minutes

SINGAPORE, Jun 26, 2021 - (ACN Newswire via SEAPRWire.com) - Singapore-based transport disruptor Bussr is joining the BMW Foundation and Massachusetts Institute of Technology (MIT) to participate in their global mobility and sustainability initiatives. The initiative will kick start with a global workshop panel of cross-sectoral leaders on June 23.The global workshop will "Explore how digital and socio-ecological transformations will change the ways in which humans interact with civic and social mobility, within the existing infrastructure as well as within entirely new infrastructure systems."Uniquely qualified to present new ideas and perspectives on the topic of mobility, Bussr is one of the world's leading innovators in the global transit and ground passenger transportation market, which will reach US$908.8 billion by 2027.Bussr is a world-leading AI-based mobility company that offers advanced technology for cities' public transportation, private transport operators, corporates, and schools. Bussr uses advanced AI algorithms for elegant booking, payments, analytics, and operations to facilitate mobility to millions of people.With the confident aim of changing the way the world ...

ACN Newswire
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How Bussr’s AI-Based Technology Is Set to Reshape the World’s Roads and Economies

indie
4 minutes

SINGAPORE, Mar 21, 2021 - (ACN Newswire via SEAPRWire.com) - Singapore-based transport disruptor Bussr has the attention of the global investment community for its vision to change the way the world moves from A to B, and for the abundance of talent at its table. Bussr's vision springs from the trio of former Rocket Internet founder and CEO Hussein Abdelkarim, veteran technology consultant and co-founder I.M. Shousha, and former Microsoft Chief Architect, co-founder and CTO Ajay Bhandari.With people looking for better lives in our cities, the world's urban population has grown 55% in the last 50 years, and now generates more than 80% of our global GDP. Central to this is mobility, and demand for urban road passenger transport is expected to double by 2050. The economy is reliant on the freedom of movement for its citizens to be productive members of society. Forward-thinking cities have had the realization that the future lies in mass transit such as buses, subways, trains, and ferries, as well as walking and cycling. The rise of electric vehicles (EVs), micromobility, Uber, Grab, and Didi have made inroads over the last few years, but much more needs to be done to address the syst...