Facedrive Inc. ("Facedrive") (TSXV: FD), a Canadian "people-and-planet first" tech ecosystem, is pleased to announce that the Facedrive Foods Mobile App, integrating the recently acquired FoodHwy and Foodora assets, is now available for download on iOS and Android to offer contactless food delivery services and better connect users and local restaurant partners during the ongoing COVID-19 pandemic.
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Facedrive Foods is currently operational in 19 cities across Canada, including Toronto, Montreal, Ottawa, Winnipeg, Kingston, London, Edmonton, Halifax, and others, with expansion to other cities in Canada and the USA following soon. It has demonstrated significant growth over the last months, and now processes 3,000 orders daily, with close to 4,000 restaurant partners and over 220,000 active users registered on the platform.
The Facedrive group of companies follows ESG protocols of doing business, and Facedrive Foods adheres to the same principles by implementing a number of practices to run more transparently, fairly and sustainably. Menu options available for delivery through the Facedrive Foods platform include healthy, nutritious and sustainably sourced choices. These are offered by like-minded "people-and-planet first" restaurant partners with customers' health and wellness in mind. Furthermore, in these times of continuing global pandemic and containment efforts, Facedrive Foods ensures the highest level of safety for its customers, dispatching drivers thoroughly trained in COVID-19 protocols and ensuring 100% contactless deliveries.
The new multilingual Facedrive Foods app, available in English and Chinese, is backed by state-of-the-art tech to make customer journey pleasant and flawless. It is equipped with leading-edge functions such as real time order status, preorder, rewards, referrals, express order, "you may also like" recommendations powered by the app's AI algorithm, promo search and others. Customers may use Facedrive Foods to order meals from restaurants as well as groceries from participating stores. The app's current production roadmap includes advanced analytics around drivers' health and contact tracing to bring safety standards to a new level unmatched by any known competitor platforms.
"It is a great honor for us to have the support and trust of Canadians to deliver food to their homes. Our team works relentlessly to extend the network of participating restaurant partners and offer our customers more choices, shorter delivery times and enhanced experience with our app. We expect to present a number of exciting developments to the users of Facedrive Foods very soon," said Di Han, GM of Facedrive Foods.
"The launch of the fully integrated Facedrive Foods Mobile App comes as a result of hard work and dedication of our teams. It consolidates our efforts on many fronts, including operations, development and M&A, with acquisitions of Foodora Canada assets and Food Hwy playing a critical role in the success of the platform. It also lays ground for the integration of many upcoming features and functionalities. Currently, these features are concentrated around health and safety of all our users, i.e. drivers, end customers, and restaurant partners, as people's well-being remains our top priority in these challenging times," said Sayan Navaratnam, Chairman and CEO of Facedrive. "As part of Facedrive's ongoing commitment to put our people first, we will be equipping all our drivers with advanced health-related analytics within the next few weeks to minimize their exposure to the virus," added Navaratnam.
Facedrive is a multi-faceted "people-and-planet first" platform offering socially-responsible services to local communities with a strong commitment to doing business fairly, equitably and sustainably. Facedrive rideshare was the first to offer green transportation solutions in the TaaS space, planting thousands of trees and giving users a choice between EVs, hybrids and conventional vehicles. Facedrive Marketplace offers curated merchandise created from sustainably sourced materials. Facedrive Foods offers contactless deliveries of healthy foods right to consumers' doorsteps. Facedrive Health develops innovative technological solutions to the most acute health challenges of the day. Facedrive is changing the ridesharing, food delivery, e-commerce and health tech narratives for the better, for everyone.
Certain information in this press release contains forward-looking information. This information is based on management's reasonable assumptions and beliefs in light of the information currently available to us and are made as of the date of this press release. Actual results and the timing of events may differ materially from those anticipated in the forward-looking information as a result of various factors. Information regarding our expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. Statements containing forward-looking information are not facts but instead represent management's expectations, estimates and projections regarding future events or circumstances. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements.
See "Forward-Looking Information" and "Risk Factors" in the Corporation's Filing Statement dated August 28, 2019 for a discussion of the uncertainties, risks and assumptions associated with these statements. Readers are urged to consider the uncertainties, risks and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information. We have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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