Jayride Group Limited (ASX: JAY) today released its Quarterly Report to the ASX.
Jayride.com provides seamless transport experiences for travellers by allowing them to book airport transfers around the world. With Jayride.com, travellers can compare with 3,000+ transport companies, servicing destinations from over 1,000+ airports across North America, Europe, Asia, Middle East and the Pacific.
Quarterly Highlights Include:
- Over 20 new countries launched over last three months – up 280%
- Over 170 new airports launched over last three months – up 21%
- Over 3,000 transport companies now available for Jayride travellers
- Strong revenue growth fuelled by accelerated international expansion
- 22 consecutive quarters of revenue growth
- SEO is now Jayride’s top traveller acquisition channel
Jayride’s market access to travellers around the world increases with each new country launched.
With the addition of +170 new airports this quarter, Jayride increased its market access to a total of 4.2 billion annual passenger trips (+59% quarter-on-quarter on growth).
Jayride’s roll-out strategy has been accelerating in the speed with which new airports are brought online, increasing the Company’s addressable market at a faster rate each month.
Jayride announced the launch in December of a major new SEO website that allows travellers to discover transport on Google Search through organic search results.
For Jayride, organic search traffic, acquired through search engine optimised pages (SEO) is a highly effective customer acquisition channel, as it has low (or zero) cost of customer acquisition to acquire a traveller.
Rod Bishop, Jayride’s Managing Director commented, “Passenger demand is increasing as new destinations launch. Passenger trips booked for new destinations is a key driver of Jayride’s revenue growth. These new destinations are Jayride’s fastest growth segment and are expected to continue to grow for the long-term.
”SEO is now Jayride’s top acquisition channel, since the release in December, and continuing into the first weeks of January. The SEO website itself is showing strong initial traction in organic search results for travellers that do internet searches to book their travel.”
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