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ABOUT US Acquired Business Leisure On-demand and (Canal Partners) Booking travel partners 2007 2008 2009 2010 2011 2013 2012TIMELINE Operator Development Business booking Scale (international and scheduled app and mass consumer adoption FUNDING $10M Series A with Austin VenturesHEADQUARTERS San Francisco
GROUND TRANSPORTATION: THE LAST MAJOR TRAVEL CATEGORY TO BE WEB ENABLED Ground LIMOS.COM Online Travel Transportation THE RIDE Industry Industry REVOLUTIONFragmented with 20K Consolidated inventory Marketplace powered bylocal providers across all major players LDC proprietary contentPaper, phone, email Efficient (web and GDS) Easy search & bookExpensive Transparent pricing Dependable & affordableLess than 5% booked 70% of booked online Booking web, mobile,online distribution partners
MACRO TRENDS ½ the world’s population or 3B people live in cities 100 cities account for 30% of the worlds economy 60M people move to urban areas / year URBANIZATION Geo-location is key feature of social networks web apps This generation has little experience of making concrete plans 600B+ geo-spatially tagged transactions/day in the USMOBILE & SOCIAL Pushing into the mainstream consciousness Promise of perpetual upgrades and access luxuries Owning bulky, irregularly used items is expensiveRENTING & SHARING
THE ONLY END TO END SOLUTION Leisure Business On-Demand Operator BSINESS LISTING BOOKING SERVICE
HOW WE MAKE MONEY BD LEISURE PARTNERSBD TRAVEL PARTNERSLIMOS.COM WEBSITECORP TRAVEL SYSTEMS MOBILE
COMPETITIVE ADVANTAGES Legacy networks are offline and vulnerable • Lack technology infrastructure • No supplier info, ratings or reviews • Expensive Local providers are limited to regional distribution • Driver turned owner struggle operationally • Restricted to single region • Limited inventory and fluctuating prices New apps have scale challenges • Aggregating supply one market at a time • Consumer adoption hurdles • Frustrating, complex rate structure