FinancialNewsMedia.com News Alert: New York, NY – February 8, 2017 – WestbrookRadio.com News Coverage: In the world of new and disruptive technologies, there are a few ideas that just make a lot of sense to everyone. And sure enough, several have become overnight sensations creating unimaginable wealth (especially for early investors), while changing the landscape completely.
The funny thing is, they often don’t rely on infrastructure or conventional business models at all. Take Uber for instance; the company doesn’t own any cars, it doesn’t employ drivers and it doesn’t have a traditional infrastructure. Instead, it’s based around an intelligent app that works to efficiently deliver people (and now goods) from point-to-point at a very economical price. Read this full article at http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=964
Yet Uber is incredibly successful at what it does. So much so that it has spawned massive competition and is truly revolutionizing personal transport business, while making investors a lot of money.
Here’s another segment that’s about to get rocked: local courier services. They are about to get a rude awakening thanks to small innovators like ParcelPal, among others.
The existing local couriers have never even conceived of ordinary people being massed together using smart technology to piggyback existing travel and traffic. But that’s exactly what’s happening. Fast moving start-ups like ParcelPal Technology, Inc. (Publicly traded in Canada under the symbol CSE: PKG and in the U.S. under the symbol OTC: PTNYF) and some of the now “legacy” companies like Amazon, are onboard big time.
It’s a simple model. Like Uber or Lyft, they enlist local drivers to deliver point-to-point using smart app-driven systems. They profit from both sides of delivery and the technology.
We spotted ParcelPal because this ingenious start-up rolling out in the Vancouver, Canada market is taking it to a whole new level, even offering deliveries direct from local pot dispensaries (medically approved of course). Yes, that’s right, along with your favourite meals and alcohol, you can now get your medical marijuana delivered right to your door.