Facedrive

HiRide Social App HiQ Hits 250,000 Downloads in 2 Weeks

Retrieved on: 
Tuesday, July 14, 2020

Facedrive Inc. (Facedrive) (TSXV: FD), a Canadian people-and-planet-first tech business ecosystem, is pleased to announce that HiQ, a recently social app developed by HiRide Share Ltd. (HiRide), Facedrives wholly owned subsidiary achieved over 250,000 user downloads within 2 weeks of launch.

Key Points: 
  • Facedrive Inc. (Facedrive) (TSXV: FD), a Canadian people-and-planet-first tech business ecosystem, is pleased to announce that HiQ, a recently social app developed by HiRide Share Ltd. (HiRide), Facedrives wholly owned subsidiary achieved over 250,000 user downloads within 2 weeks of launch.
  • HiQ is available on both the App Store and Play Store and has received a virally positive response.
  • The App has ranked Top 10 Trivia App in over 100 countries, and ranked Top 10 App in over 50 countries.
  • Additionally, HiQ has ranked as the Number 1 Trivia App in Bolivia, Ecuador, Egypt, Nepal, and Pakistan.

Facedrive and HiRide Announce Global Virtual Hackathon to Counter the Impacts of Covid-19

Retrieved on: 
Thursday, June 25, 2020

Furthermore, the top five entries will receive invitations to fully paid internships at Facedrive and HiRide to help transform their ideas into reality.

Key Points: 
  • Furthermore, the top five entries will receive invitations to fully paid internships at Facedrive and HiRide to help transform their ideas into reality.
  • The winning idea of the hackathon will be awarded up to CAD $100,000 cash if developed into a harnessed solution.
  • This is also why we are introducing the virtual hackathon, said Akshat Soni, CEO of HiRide.
  • HiRide is an entirely new, people powered global transport network that connects drivers with empty seats to passengers looking for a ride.

Facedrive to Launch Green Ridesharing Network in Ottawa on Canada Day

Retrieved on: 
Tuesday, June 23, 2020

Facedrive Inc. (Facedrive) (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ridesharing network, is pleased to announce that it will be launching its services in Ottawa, Ontario, on July 1, 2020.

Key Points: 
  • Facedrive Inc. (Facedrive) (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ridesharing network, is pleased to announce that it will be launching its services in Ottawa, Ontario, on July 1, 2020.
  • Newly licenced in Canadas capital, Facedrive is expected to offer its services to Ottawas residents starting on Canada Day, in accordance with its national and global expansion plans.
  • Facedrives environmentally-friendly philosophy of ridesharing allows passengers to request rides in electric, hybrid or gas-powered vehicles through the Facedrive pp.
  • The launch of our rideshare services will be our first step in introducing Ottawa to Facedrives ESG (environmental, social and governance) strategy, with our other verticals such as Facedrive Foods, Facedrive Marketplace and Facedrive Health to launch in Canadas capital in the near future, added Pushparajah.

HiRide Launches HiQ

Retrieved on: 
Wednesday, June 17, 2020

Facedrive Inc. (Facedrive) (TSXV: FD), a Canadian people-and-planet-first tech business ecosystem, is pleased to announce that its wholly-owned subsidiary, HiRide Share Ltd. (HiRide), the first-of-its-kind long-distance, socially responsible ridesharing and car-pooling business, has launched HiQ, a social gaming application.

Key Points: 
  • Facedrive Inc. (Facedrive) (TSXV: FD), a Canadian people-and-planet-first tech business ecosystem, is pleased to announce that its wholly-owned subsidiary, HiRide Share Ltd. (HiRide), the first-of-its-kind long-distance, socially responsible ridesharing and car-pooling business, has launched HiQ, a social gaming application.
  • The first round of trivia challenges on the HiQ platform will commence on June 21, 2020, at 12:00 am (EST).
  • HiRide expects that in the next 90 days, additional features including voice and video chat options will be added within the HiQ app to further increase user engagement.
  • HiQ is our newest initiative to encourage building connections and practice social distancing, said Akshat Soni, CEO of HiRide.

Facedrive Enters into Strategic Advisory Services Agreement with Craven Street Capital for European Expansion

Retrieved on: 
Friday, June 12, 2020

Facedrive Inc. (Facedrive) (TSXV: FD), a people-and-planet first business, is pleased to announce that it has entered into a Strategic Advisory Services Agreement (the Advisory Agreement) with Craven Street Capital Limited (Craven Street) to assist Facedrive in executing its European expansion plans.

Key Points: 
  • Facedrive Inc. (Facedrive) (TSXV: FD), a people-and-planet first business, is pleased to announce that it has entered into a Strategic Advisory Services Agreement (the Advisory Agreement) with Craven Street Capital Limited (Craven Street) to assist Facedrive in executing its European expansion plans.
  • The scope of services to be provided by Craven Street to Facedrive includes research and evaluation of expansion opportunities, as well as sourcing of strategic acquisition and investment opportunities.
  • Under the terms of the Advisory Agreement, Craven Street will leverage its extensive network of corporate and technology relationships in order to assist Facedrive in securing opportunities that align with Facedrives European expansion plans.
  • In other words, Facedrive is exactly the type of company Craven Street Capital likes to represent, said Soondra Appavoo, CEO of Craven Street.

Labourers’ International Union of North America (LiUNA) to Partner with Facedrive Health on “TraceSCAN” COVID-19 Contact Tracing App

Retrieved on: 
Wednesday, May 20, 2020

Facedrive Inc. (Facedrive) (TSXV: FD), a people-and-planet first business, is pleased to announce that the Labourers International Union of North America (LiUNA) will be adopting TraceSCAN, a digital COVID-19 contact-tracing app, in efforts to better protect the health and safety of LiUNA members.

Key Points: 
  • Facedrive Inc. (Facedrive) (TSXV: FD), a people-and-planet first business, is pleased to announce that the Labourers International Union of North America (LiUNA) will be adopting TraceSCAN, a digital COVID-19 contact-tracing app, in efforts to better protect the health and safety of LiUNA members.
  • View the full release here: https://www.businesswire.com/news/home/20200520005416/en/
    TraceSCAN is a joint initiative by Facedrive Health and the University of Waterloo.
  • The TraceSCAN app and wearables provide contact tracing to help mitigate the spread of the COVID-19 virus.
  • TraceSCAN recognizes privacy concerns and has built the app and wearables in line with the governments recommendations, alongside MT>Ventures.

Facedrive Announces Partnership with Middlesex-London Health Unit to Offer Transportation Assistance Amid COVID-19 Pandemic

Retrieved on: 
Friday, April 17, 2020

Dedicated COVID-19 Trained Drivers The safety of drivers and riders is central to the joint initiative between Facedrive and the MLHU.

Key Points: 
  • Dedicated COVID-19 Trained Drivers The safety of drivers and riders is central to the joint initiative between Facedrive and the MLHU.
  • Facedrive is a people-and-planet first ridesharing platform, and the first to offer green transportation solutions in this space.
  • Middlesex-London Health Unit is a public health unit serving residents of London and Middlesex County, ON.
  • The Middlesex-London Health Unit delivers programs and services that are part of Health Protection and Promotion Act under Ontario Public Health Standards.

HiRide Launches New Product Extension, HiRide Social

Retrieved on: 
Monday, April 6, 2020

HiRide Share Ltd (HiRide), the first-of-its-kind long-distance social carpooling app, is now on a mission to help young Canadians cope with social isolation through its new product extension, HiRide Social.

Key Points: 
  • HiRide Share Ltd (HiRide), the first-of-its-kind long-distance social carpooling app, is now on a mission to help young Canadians cope with social isolation through its new product extension, HiRide Social.
  • HiRide was recently acquired by Facedrive Inc. (Facedrive) (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ride-sharing network.
  • Inspired by Netflixs Love is Blind, HiRide Social members are paired virtually with one another based on a set of individual preferences.
  • Our company has always been about driving social interaction, and this is another opportunity to do just that, added Soni.

Facedrive Expands Green Ridesharing Network to Ottawa, Canada’s Capital

Retrieved on: 
Wednesday, April 1, 2020

Facedrive Inc. (Facedrive) (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ridesharing network, is pleased to announce its expansion to Ottawa, Ontario.

Key Points: 
  • Facedrive Inc. (Facedrive) (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ridesharing network, is pleased to announce its expansion to Ottawa, Ontario.
  • Facedrives environmentally-friendly philosophy of ridesharing allows passengers to request rides in electric, hybrid or gas-powered vehicles through the Facedrive App.
  • Facedrive will be there to demonstrate that ridesharing can put people and planet first in an economically feasible manner.
  • Facedrive is a people-and-planet first ridesharing platform, and the first to offer green transportation solutions in this space.

Facedrive Acquires HiRide In Strategic Bid To Further Global Expansion Plans

Retrieved on: 
Friday, March 20, 2020

In consideration for the Acquisition, shareholders of HiRide will receive $1,000,000 payable on closing in common shares of Facedrive (Facedrive Shares) and future conditional payments of up to $2,500,000 (Conditional Payments) over the course of 2 years.

Key Points: 
  • In consideration for the Acquisition, shareholders of HiRide will receive $1,000,000 payable on closing in common shares of Facedrive (Facedrive Shares) and future conditional payments of up to $2,500,000 (Conditional Payments) over the course of 2 years.
  • Per the terms of said Agreement, such Conditional Payments can be either paid in a combination of cash and shares, or Facedrive Shares exclusively.
  • The acquisition of HiRide is a move of high-level strategic significance for Facedrive.
  • HiRide is an entirely new, people powered global transport network that connects drivers with empty seats to passengers looking for a ride.