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Pickup

The Pickup is door-to-door delivery service

Ukraine, Odessa region
Market: Internet and IT, Information and media, Logistics and warehouses, Services, Mobile applications
Stage of the project: Idea or something is already done

Date of last change: 11.07.2021
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Idea

The Pickup is a mobile application aggregator of door-to-door delivery requests as mix of taxi and delivery service within the city and suburbs. Designed for users of two roles, such as Client and Driver.

Current Status

Design - ready
App POC - in progress

Market

Three pillars on which the Ukrainian taxi market stands - Uber, Uklon and Bolt - by accustoming customers to their online applications, provided the market with an annual growth of 15%

The growth of the taxi market in Ukraine in annual terms in large cities of the country is plus 12-15%. More than $ 1.4 billion, 220 thousand drivers involved in transportation and 280 million trips a year - this is how the Office for Effective Regulation (BRDO) estimated the taxi market three years ago. Today, its volume has already reached more than $ 2 billion - these are the data of the Ukrainian Taxi Association.

In 2019, the Ukrainian food delivery market will increase by 14% compared to the previous year and reach $ 26 million. According to the estimates of the research company Statista, the number of consumers of this type of service in Ukraine will reach 1.5 million. This is 13% more than at the end 2018 year.
In delivery the main market segment is the delivery of dishes from restaurants, which analysts estimated at $ 21 at the end of 2019. The rest of the income comes from platforms - Glovo, Uber Eats, Raketa.

According to Statista forecasts, by 2023 the Ukrainian food delivery market will grow to $ 35 million, of which delivery from restaurants will provide $ 23.6 million, and online platforms - $ 11.5 million.

The industry is expected to grow even more rapidly in Europe and will reach $ 24.7 billion by 2023. Uber Eats estimates that 70% of restaurants on this platform will generate an increasing share of revenues from food delivery.
The world's largest food delivery market is in China. Statista estimated it at $ 40 billion. In second place is the United States ($ 22 billion). This is followed by India ($ 7.7 billion), the United Kingdom ($ 4.8 billion) and Japan ($ 2.5 billion).

Problem or Opportunity

In a new word of pandemic people need deliver their goods to their doors fast and safe. The mission is to provide reliable, timely, and safe door-to-door goods delivery service by using complete, credit and debit card access.

Solution (product or service)

The Pickup will provide delivery service as an aggregator of requests as mix of taxi and delivery service using the latest equipment and technology to facilitate delivery of any goods in and around the city.

Competitors

Three pillars on which the Ukrainian taxi market stands - Uber, Uklon and Bolt.
The market of these three services alone is more than 3,6 billion USD per year. And it has only been growing for the past few years.

In Ukrainian delivery the main market segment is the delivery of dishes from restaurants. The main players are: Glovo, Uber Eats and Raketa . Glovo is a leadeer of the segment market. The food delivery market in Ukraine is not at the stage of development at which all players are fighting for market share. It does not stagnate, it is not stable, the market is only in its infancy, it is very small.

Advantages or differentiators

Advantages:
- Door-to-door delivery of any goods within the city and suburb in real time
- Track your delivery in real time
- Call a car or truck based on your needs
- Set your order price as a Client user
- Offer your bargaining as a Driver user
- Use client and driver roles functionality in one app

Finance

The service expects to charge a commission from each delivery order in the amount of the average market in Ukraine (12-17%). It can also increase in the future, based on the company's turnover, as well as forecasts for the growth and scalability of the company and its turnover and the market as a whole.

Business model

Anybody who need delivery of their goods can make quick registration and call a car or truck by using an app in a Client mode. Just indicate the price you are willing to pay for delivery and the service will immediately find you a driver ready to fulfill your request. The client can paid for the service by cash or a credit card.

For those who have a car or truck there is a Driver mode in app. You do not need register in a separate app for drivers. All you need is only add the car info into your profile and upload your vehicle registration certificate, top up your balance and get ready make delivery and get paid. You can easily switch between Client and Driver modes.

The service expects to charge a commission from each delivery order in the amount of the average market in Ukraine (12-17%). It can also increase in the future, based on the company's turnover, as well as forecasts for the growth and scalability of the company and its turnover and the market as a whole.

Money will be spent on

- Development
- Deployment
- Launch
- Maintenance
- Promotion

Offer for investor

I am open for sincere discussions, I am ready to listen to your suggestions and together find the optimal solution that will be mutually beneficial to all interested parties. Always focused on the WIN-WIN situation.

Team or Management

Risks

- Crisis
- Behavior of competitors
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