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The company has been working with local job boards to introduce drivers to logistics and delivery companies.
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This collaboration provides dealers, OEMs, and other providers with an all-inclusive solution to leverage the shift from automotive ownership to access and consumer demand for mobility alternatives.
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The revenue increase was driven primarily by a higher net revenue margin associated with two new subscription tiers launched in the second quarter.
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Management will host an investor conference call at 2 p.m. PDT Wednesday to discuss HyreCar's second quarter 2019 financial results, provide a corporate update, and conclude with Q&A from participants.
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The show will focus on business models, income opportunities, and the continual changing future of mobility.
Read More →Michael Root, a seasoned technology executive and software thought leader, who brings three decades of technology experience, having built scalable cloud based solutions for companies like Riot Games, will replace HyreCar’s co-founder Abhishek Arora on the board of directors.
Read More →This represents an increase of 13% when compared to revenue of $3.1 million in the fourth quarter of 2018.
Read More →Jay Vijayan is currently the founder & CEO of Tekion Corp., a Silicon Valley startup that is disrupting and transforming the business applications and automotive retail experience.
Read More →A webcast will also be available for 90 days on the IR section of the HyreCar website.
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The renewed insurance program, which was previously underwritten by Y-Risk on behalf of AIG, now resides with The Hartford.
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