ZOOMING AHEAD: Wemo plans to offer a NT$99 monthly contract for 125 minutes of scooter use as the firm battles growing competition from Gogoro Inc’s GoShare
Taipei Times
Date: Oct 30, 2019
By: Lisa Wang / Staff reporter
Electric scooter-sharing service provider Wemo Corp (威摩科技) yesterday said that it expects to
Wemo Corp cofounder and chief executive officer Jeffrey Wu, left, and chief technology officer Jay Cheng attend a news conference in Taipei yesterday to promote the company’s electric scooters.
Photo: Chen Ping-hung, Taipei Times
“We hope to start making a profit in cities like Taipei next year, although some might remain unprofitable,” Wemo cofounder and chief executive officer Jeffrey Wu (吳昕霈) told a media briefing in Taipei.
The cofounder is a member of the Wu family that owns Shin Kong Group (新光集團), which operates businesses in the insurance, banking, synthetic fibers, retail and healthcare sectors.
His optimism is built on a booming gig economy that includes vehicle-sharing and food-delivery services, not only in Taiwan, but around the globe. [FULL STORY]
