Cyber Apps World Stock

Cyber Apps World Inc. focuses on developing mobile applications. The company focuses on allowing users worldwide to save money on products and services from member merchants and suppliers with mobile coupons, using their desktops and/or mobile devices, including smartphones.

The company has a wholly-owned subsidiary, RTsave Inc. that holds its interest in the SmartSaveNow website. It also owns a majority interest in WarpSpeedTaxi Inc., which holds the WarpSpeedTaxi computer application.

SmartSaveNow Website

The company completed the acquisition of a website originally located at www.savinstultra.com and now to be located at www.smartsavenow.com (the ‘Website’), including, without limitation, the website domain, content, data, and all incorporated technology in April 2019.

The Website consists of a search engine that users access to compare the prices of different consumer products, which is known as a price comparison website. The initial version of the website is published and is undergoing further development. It features consumer items in various product categories, such as electronics, computers, cellular phones, office equipment, clothing, books, toys, and jewelry. As well, the Website includes a search function that allows users to input key words and receive a list of available consumer items that include those words. The Website was developed in the Ukraine and India.

The company intends to further develop the Website to primarily market to American consumers by providing real-time pricing for items that major U.S. retailers, including Wal-Mart, Best Buy, EBay, and Target, publish on their company websites. The Website would show products available at the lowest price among various sellers and incorporate this into its digital marketing advertising. To access the content of the Website, consumers must register and establish an account with the company and provide it with contact information, including a name, email address, and telephone number.

During initial development, the vendor of the Website offers products from 86 existing sellers and has agreements with an additional 420 sellers. It intends to generate revenue by securing commission payments from retailers and other sellers.

WarpSpeedTaxi App

The company intends to complete the development of and operate a ride-hailing and food delivery computer and mobile device application known as ‘WarpSpeed Taxi’. A ride-hailing service, also known as app-taxi, e-taxi, or a mobility service provider, is a service that, via websites and mobile apps, matches passengers with drivers of vehicles for hire that are not licensed taxi drivers. The computer application that the company is developing is intended to provide travelers with door-to-door transport that utilizes smart mobility platforms to connect drivers with passengers and lets drivers use their personal vehicles. Ride-hailing, such as a traditional taxi service, facilitates drivers providing rides to customers for a fee. Ride-hailing offers additional capabilities, such as pricing tools, matching platforms, rating systems, and food delivery. The company acquired the WarpSpeedTaxi application in its current phase of development from a private Wyoming corporation.

The company focuses that its WarpSpeedTaxi application would allow customers to hire a standard and luxury motor vehicles via a smartphone or personal computer for both one-way and round-trips with the price based on the distance travelled and the level of demand for vehicles. In addition to transporting passengers, the application might also be used for deliveries of goods from restaurants, grocery stores, and other businesses that utilize local vehicle courier services.

Customers would use the application to request a ride or the delivery of goods. Drivers that the company recruits and approves, through confirmation of no criminal record, a driving history, and access to an insured vehicle, would act as independent contractors and set their own work hours. They would connect with customers via its application, pick up customers or goods to be delivered in accordance with the customer’s request, and then drive the customers or goods to their destination.

Friendly and Fast Delivery Service

The company is developing a delivery computer application known as Friendly and Fast. The application is being designed to allow users to order food, groceries, and other courier services. Friendly and Fast’s focus would be delivery of goods and would be a compliment to the WarpSpeed Taxi app that would also focus on ride-hailing services.

Friendly and Fast would target both individuals and corporate customer segments. For corporate clients, this feature would give discounts to restaurant owners, grocery stores, couriers, and similar enterprises so they could provide deliveries to their customers. The company is organizing beta testing of the application in Ahmedabad, India and has commissioned a private company to be primarily responsible for the completion of the application development.

Strategy

The company’s long-term business strategy might include geographic expansion into additional jurisdictions, majority of which regions and countries have different legislation, regulatory environments, and tax laws.

History

The company was incorporated in 2002 under the laws of the state of Nevada. It was formerly known as Sky Power Solutions Corp. and changed its name to Clean Enviro Tech Corp. in 2013. Further, the company changed its name to Cyber Apps World Inc. in 2015.