UBER and LYFT Milestones Bode Well For ALYI Electric Motorcycles Rideshare In Africa
New York, NY -- May 29, 2019 -- InvestorsHub NewsWire -- via www.nextbigticker.com
The rideshare market is anticipated to reach almost $218 billion by 2025. Uber (NYSE: UBER) has just IPO’d and Lyft (NASDAQ: LYFT) has captured 29% of the rideshare market. In the meantime, Alternet Systems (USOTC: ALYI) is targeting the rideshare market in developing market economies with a market specific solution. Namely, an electric motorcycle with a side car. The company has already announced $2 million in orders with most of them going to the rideshare market in Africa. More recently the company has been working on a $20 million order for its electric motorcycles that will also go into the African rideshare market. The deal for the $20 million order includes an assembly plant in Africa.
ALYI - Alternet Systems Prepares For Rapid Growth Starting With Anticipated $20 Million Order
As UBER and LYFT shake off the China Trade War market turbulence and their respective share prices reflect the actual value of the burgeoning rideshare market, ALYI is likely to be pulled along in the share price uplift and recognized for its differentiated approach to uniquely targeting the developing economic market with a custom fit rideshare solution. In the meantime, investors can accumulate ALYI under $0.02 in anticipation of the eventual trigger that sends the PPS to an analyst recommended target price of $0.09.
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