Sooffer is going to be the largest global technological ride-sharing company which will operate as a Ride-sharing App. We will be essentially an On-Demanding ride-hailing services provider which people with smartphones will use to book a trip by third-party private owned vehicle or by calling a chauffeur to drive their car. We will start from the state of TEXAS. Sooffer is a private limited liability company incorporated under the laws of Texas USA with the registered office in Dallas.
The ride-sharing market is projected to grow at 19.87% CAGR from 2018 to 2025, reaching $ 218 billion by 2018 from $ 6125 billion in 2018. The main drivers of this market are the growing need for personal dynamism in the face of increasing urbanization and declining car ownership. In addition, the growing Internet and smartphones and strict CO2 reduction targets are leading to higher growth of the rideshare market. Resistance to traditional transport services and the complex transport policies of different countries are factors that control the market.
Revenue in Ride-hailing & Ride-sharing is projected to reach US$47,513m in 2021.Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 11.66%, resulting in a projected market volume of US$73,859m by 2025. In Ride-hailing & Ride-sharing, the number of users is expected to amount to 96.9m users by 2025.User penetration is 28.3% in 2021 and is expected to hit 28.5% by 2025. The average revenue per user (ARPU) is expected to amount to US$504.82. In the Ride-hailing & Ride-sharing segment, 70% of total revenue will be generatedthrough online sales by 2025.
At Sooffer , our mission is to revolutionize the rideshare and ride-hailing industry by
providing the best chauffeur rideshare services. Our goal is to establish a highly successful and
profitable business that offers reliable drivers and chauffeurs in the DFW Metroplex and
becomes the benchmark for excellence in the rideshare and ride-hailing industry, not only locally
but also nationwide.
We are committed to delivering reliable, timely, and safe rideshare and ride-hailing services, with
the added convenience of offering chauffeur services where our drivers can pick up passengers in
their own cars. Our mission is to provide a comprehensive range of transportation solutions,
including private drivers, to meet the diverse needs of our customers
Our vision is to become the premier rideshare and ride-hailing company in the entire DFW
Metroplex area. By providing services comparable to Uber and Lyft, while offering the unique
feature of chauffeur-driven transportation using the passenger's own vehicle, we aim to redefine
the concept of convenient and personalized transportation.
We envision a future where Sooffer is synonymous with exceptional service, reliability, and
innovation in the rideshare and ride-hailing industry. Through strategic expansion and a
commitment to meeting customer demands, we strive to become the go-to choice for individuals
seeking efficient and customized transportation solutions.
Our primary goal for the first year of operation is to establish a strong presence in Texas and
Louisiana by providing exceptional rideshare and chauffeur services. To achieve this, we have
set the following objectives:
Expand into Texas and Louisiana: Secure all necessary permits and licenses to operate in Texas
and Louisiana. Comply with transportation and passenger service regulations in each state.
1. Texas: Texas is a large state with a significant population.
ACTIVE
2. Louisiana: In Louisiana, we need to comply with state regulations and licensing
requirements for transportation services. Ensuring passenger safety and having the
necessary insurance coverage for vehicles and drivers is crucial.
IN PROCESS
3. Oklahoma: Oklahoma offers a growing market for ride-sharing and ride-hailing services.
With its urban centers like Oklahoma City and Tulsa, the state presents opportunities to
cater to both local residents and visitors. Conducting market research to understand the
competitive landscape and customer preferences will be crucial for establishing a strong
presence in the state.
IN PROGRESS
4. Arkansas: Arkansas, known for its scenic beauty and cultural heritage, provides a unique
market for our services. Cities like Little Rock and Fayetteville offer potential customer
bases, and targeting both urban and suburban areas can help capture a diverse range of
customers. Understanding local regulations and building strong relationships with local
stakeholders will be important for expansion in this state.
IN PROGRESS
5. New Mexico: New Mexico's mix of urban and rural areas presents an interesting market
for ride-sharing services. Cities such as Albuquerque and Santa Fe offer potential
customer bases, and catering to both residents and tourists can help drive growth.
Assessing local transportation needs, including connectivity to airports, universities, and
popular attractions, will be crucial for success in this state.
IN PROGRESS
As an investor, you're about to dive into a groundbreaking opportunity.
Here, you'll find the perfect blend of innovation, reliability, and growth. Discover how we plan to expand across Texas and beyond, seizing untapped markets and transforming the way people move. Be part of a journey that's not just about investing; it's about pioneering a new era in transportation.
So, are you ready to ride with us? Explore what makes Sooffer the next big thing in transportation investment. Your journey begins here.
It is never too early to get started on your investment plans. Tell us more about your goals, and we will get you started on a plan to achieve them.
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