BENGALURU, India, Aug. 6, 2024
/PRNewswire/ -- Zoomcar, Zoomcar
Holdings, Inc. ('Zoomcar' or the 'Company') (NASDAQ: ZCAR), the NASDAQ-listed leading
marketplace for self-drive car sharing, has launched a new unified
app designed to enhance the car sharing experience for both Guests
and Hosts. This app replaces the previous two-app system,
streamlining operations and introducing over 10 feature upgrades
aimed at boosting platform growth and user satisfaction.
Key Features and Enhancements:
- Unified App Experience: Previously, Zoomcar operated two
separate apps: one for Guests to book cars and another for Hosts to
manage their car listings. The new app combines these
functionalities, allowing users to seamlessly switch between
booking cars as Guests and managing their listings as Hosts. This
strategic move caters to the significant overlap where over 40% of
Guests also own cars.
- Enhanced Guest Features: Guests will benefit from a
faster, smoother booking process with a catalog featuring top-rated
cars and a new 'Guest Favourites' section highlighting
frequently booked and highly rated cars. This addition aims to
facilitate more reliable car selections based on trustworthy
reviews.
- Improved Host Controls: Hosts now have greater control
over their car listings. They can manage multiple cars in a single
tab, monitor their cars' real-time rankings against local
competition, and set preferences such as minimum booking durations
and automatic listing extensions. New Hosts can also opt for GPS
tracker and keyless entry device installations upon signing
up.
Hiroshi Nishijima, CEO of
Zoomcar stated, "We've been spending a lot of time
listening & meeting with our Hosts in the past few months and
our unified app has been meticulously designed to provide far more
controls to our Hosts and encourage car sharing as a growing
business in India. We are obsessed
with our customers' experience and the timing of the launch fits
perfectly as we continue to see rising high demand for the
Independence Day long weekend."
Vishal Ramrakhyani, Head of
Engineering at Zoomcar added, "Our engineering &
product teams dedicated their time in understanding customer
feedback and developed a unified Zoomcar app that integrates all
functionalities required by both Guests and Hosts. The new
features, such as 'Guest Favourites' and easy car listing control
for Hosts, are designed to make the platform more intuitive and
user-friendly."
In their annual report for fiscal year ending March 2024, Zoomcar reported improvement in their
platform's average trip rating to 4.66 on a 5 point scale along
with an increase in net revenue by 12% from $8.83 million to $9.90
million. Their unified app initiative reflects Zoomcar's
commitment to continuously improving its services and ensuring that
both Guests and Hosts enjoy a superior experience under its new
leadership team.
To experience their all new app,
download the Zoomcar app from the App Store or Google Play
Store.
About Zoomcar:
Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for
car sharing focused in India. The
Zoomcar community connects Hosts with Guests, who choose from a
selection of cars for use at affordable prices, promoting
sustainable, smart transportation solutions in India.
Forward Looking Statement:
This press release may contain forward-looking statements about
our plans, efforts, projections, goals, commitments, expectations,
or prospects related to the launch of the unified app. These
forward-looking statements reflect our management's current
expectations with respect to the use and implementation of the
unified app extended thereof and these statements may entail
significant risk and uncertainty. To identify these forward-looking
statements, we use terms such as "may," "will," "aim,"
"empower," "estimate," "intend," "indicate," "continue," "promote,"
"believe," "boosting", "elevate," or "enhance," or the negatives
thereof, as well as other variations or comparable terminology. We
ask that you read statements that contain these terms carefully
because we believe this information is important for our investors
and customers. Any forward-looking statement in this press release
refers solely to what is accurate as of the day it is issued or
based on assumptions that Zoomcar believes to be reasonable. The
actual results and outcomes may materially differ due to various
factors or events beyond our control which we may not be
foreseeable at all times. We cannot guarantee or assure any plan,
initiative, projection, goal, commitment, expectation, or prospect
set forth in this press release can or will be achieved. We
undertake no obligation to alter or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise, save and except as required by law.
Contacts:
Akarshit Gulati
akarshitg@avianwe.com
Bhagyashree Rewatkar
bhagyashree.rewatkar@zoomcar.com
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SOURCE Zoomcar Holdings, Inc.