Fintech
GOLO Mobile Inc. Launches Direct-To-Home Delivery Service
Montreal, Quebec–(Newsfile Corp. – September 8, 2020) – GOLO Mobile Inc. (TSXV: GOLO) (“GOLO” or “the Company”) today announced an on-demand, direct-to-home delivery services offering through its innovative technology platform, created by Walter Innovations Inc. (“Walter”), which the Company acquired in July 2020. These direct-to-home delivery services are available on the Walter website at usewalter.com.
“The Walter platform has enabled us to quickly and efficiently enter different markets in order to provide a solution for the final 100 feet of last mile delivery,” said Peter Mazoff, President and CEO. “The convenience the Walter app offers extends to both sides of the home delivery equation: the local service providers and our valued customers accessing these services. We look forward to servicing this market that comprises over 20,000 users.”
Through Walter’s website, local service providers can easily add their businesses to the Walter app in order to market and sell their services directly to customers. Walter’s customers can access car washing, dry cleaning, maid services and others at the touch of a button and all from the comfort of their own homes.
Since acquiring Walter, GOLO has been able to enter new markets and enhance its product offering to users. Walter provided GOLO with an immediate presence in the multi-residential market to which, the Company has since added approximately 6,000 doors. GOLO has also introduced new features to enhance the user experience, such as Virtual Assembly, which enables tenants of a multi-residential building to conduct virtual gatherings as well as online voting.
About GOLO Mobile Inc.
GOLO (TSXV: GOLO) provides a solution for the final 100 feet of Last Mile Delivery for properties via its concierge service as well as its ability to manage all packages and deliveries that enter a property. The Company’s focus is on office buildings, residential towers, corporate campuses, hospitals, airports and other highly populated areas. GOLO is publicly traded on the TSXV and its controlling shareholder is controlled indirectly by affiliates of Blackstone Group L.P. and the funds comprising CVC Capital Partners VI. Learn more at www.golo.io.
For Further Information:
Peter Mazoff, Chief Executive Officer
(514) 670-1228
ir@goloir.com
Nicole Piasentini
(416) 848-1460
npiasentini@national.ca
No securities regulatory authority has either approved or disapproved of the contents of this news release. This news release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States or to or for the account or benefit of U.S. persons (as such terms are defined in Regulation S under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”)), absent registration or an exemption from registration. The securities offered have not been and will not be registered under the U.S. Securities Act or any state securities laws and, therefore, may not be offered for sale in the United States, except in transactions exempt from registration under the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.
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