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Salek for Transportation & Cargo Solutions Logo

Salek for Transportation & Cargo Solutions

Egypt

Sector Logistics
Employee Count 11-25
Is Incorporated? No
Foundation Date January 1, 2019

Description


Investments



Competitive Advantage

There's over22.4M daily transport trips in Greater Cairo area (as per Gov. Statistics) in all segments(4.7M done by private cars,1.6M by Taxi,8.9M by small buses)our two Major competitors are serving around 8M customers with around 100k drivers; at least 4M customers are not happy with the current service levels as well as the prices,at least 30% of their drivers announced 3 strikes in 2019 to stand together against the current monopoly and excessive charges along with some other demands. Our main target is to operate all over Egypt, a market with over $5B worth of trips and plenty of room for more players to participate. strong gov support for local players is encouraging. expanding in MENA region & Africa have a great potential.


Detailed Info

Revenue Model Description

We have diversified our revenue streams to be through services provided & features offered: - Regular Private Cars with Male Commanders - Regular Private Cars with Female Commanders - Local Taxi Service - Salek Academy & Online training - Corporate Services (porrtal) - Cargo Portal _ other features