Rideshare Rental, Inc. (OTCMKTS:YAYO) CEO Ramy El-Batrawi tells Proactive its wholly-owned subsidiary, Rideshare Car Rentals has joined the last mile logistics space by supplying customers with transit high top cargo vans.
El-Batrawi says the demand for the ‘last mile’ and to fulfill this has ‘spiked through he roof.’ Rideshare Rental’s acquisition of the vans will be financed through an increase of $1 million in its existing line of credit with ACME Auto Leasing LLC.
Story by ProactiveInvestors
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