Jayride Group Ltd
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Jayride’s strategic review to deliver $3.75m in annual cost savings
A strategic review of operations by airport transfer business Jayride Group (ASX: JAY) has delivered a 44% reduction in fixed costs, saving the company $3.75 million per year and shortening the pathway to becoming cashflow positive. The review was initiated in November to focus on near-term profitability with higher margins, as well as advancing opportunities […]
Jayride acquires AirportShuttles.com to expand US presence and accelerate to positive cash flow
Major airport transfer travel business Jayride (ASX: JAY) has acquired AirportShuttles.com to boost its growth in the United States and accelerate its path to positive cash flow. Jayride describes AirportShuttles.com as a leading online platform for airport shuttle bookings in the US, and a complementary fit with its growth strategy. However, during the pandemic the […]
Jayride Group posts solid growth figures as online travel continues swift take off
E-commerce marketplace Jayride Group (ASX: JAY) has announced a new service feature that travellers can now book online travel packages in a total of 44 countries, after adding 13 countries across Asia Pacific, Europe and the Caribbean. This latest launch includes 86 new airports as well as 119 new transport companies, which will be made […]
Jayride Group launches its services in Italy
Kicking off the start of a European expansion, Sydney-based business Jayride Group (ASX: JAY) has announced the launch of its online transport booking services in Italy. Jayride is an online marketplace that compares and books airport transfers from more than 2000 transport companies in over 500 airports throughout Australia, New Zealand, the United Kingdom, Ireland, […]