Joint Promotion with Uber Is Expected To Drive New Users and Increase Revenues
JAKARTA, Indonesia, October 16, 2017 /PRNewswire/ —
KinerjaPay Corp., (OTCQB: KPAY), a digital payment and eCommerce platform, (KinerjaPay) today announced its partnership with Uber Technologies, Inc., (Uber) the global smartphone-enabled ride-hailing service.
Indonesia Ride-Hailing Growth Rate
Since its launch in 2012, Uber has become the most recognized alternative to traditional taxi cabs, opening up more possibilities for riders and more business for drivers. Indonesia’s ride-hailing sector is expected to grow to US$5.6 billion in 2025 from US$800 million in 2015, according to a report by Google and Singapore’s state-investment firm Temasek Holdings.
Edwin Witarsa Ng, Chief Executive Officer of KinerjaPay Corp. commented, “Uber is changing the way the world moves people in urban areas internationally. Our partnership with Uber will give our users/clients a convenient and safe transportation alternative to driving their own car or taking taxis.”
Under the terms of the partnership, Uber will grant KinerjaPay users an exclusive promotion code for first-time users, valid for four rides. Users can initially redeem the Uber/KinerjaPay promotion code by creating a new account on the Company’s eCommerce platform or meeting a certain spending threshold with KinerjaPay’s proprietary KinerjaMall service. User/clients can then redeem their unique code directly in their KinerjaPay smartphone app to use the Uber service.
Mr. Ng went on to say, “This new Uber relationship represents a substantial advancement in our growth plan. Not only will we generate new users and increase sales transactions on the KinerjaPay platform, we also have the opportunity to cross market our KinerjaPay services to Uber’s established user-base. We expect to benefit from the vast experience of Uber’s world-wide team and leverage their success in expanding their global presence and adding value to their core service in our rapidly growing eCommerce business in Indonesia.”
KinerjaPay enables consumers to “Pay, Play and Buy” through its secure web portal and mobile applications. Based in Indonesia, the Company provides easy and convenient payment solution while shopping online at its marketplace platform. With its current omni-channel platform, users can perform various payment services such as credit card bill payment, utility, phone bill, healthcare insurance and direct transfer to anyone at their convenience. KinerjaPay is also planning to launch other eCommerce verticals such as travel market, delivery services, and online gaming in the near future. The Company’s services are available through its mobile applications and on its website at http://www.kinerjapay.com.