More than 90k users (phone numbers) have interacted with Vamos Whatsapp, and +6k of those users became clients. We have sold +20k tickets to underserved users, representing $300k in sales. In terms of offer, we have created alliances with bus companies in Ecuador, becoming the largest virtual bus station with 40,000 route combinations. In the last 3 months since joining techstars, we have relaunched the product, which is fully automated.
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Marketing, growth, Impact thesis, Financials. We have two main challenges: Supply and payment methods. Digitalisation in bus companies is very limited, mainly due to the operational complex of their business. In emerging markets we usually find road closures due to strikes or emergency situations. We need to keep working on improving the reliability of our supply, so our users always have up to date information and get the best experience possible during his trip. On the side of the demand, digital payments methods are just starting to rise in emerging markets. We keep working closely with financial institutions to provide alternatives to credit/debit cards that can serve most of the population. An example of this is our recent strategic partnership with Deuna, the biggest digital wallet in Ecuador that now allows the user to pre-charge their wallet in little convenience stores.
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