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Argo Corp V.ARGH

Alternate Symbol(s):  ARGHF

Argo Corporation is a Canada-based company. The Company is a technology venture delivering the vertically and publicly integrated city transit system designed to augment public transportation and create a network of intelligently routed vehicles that work together to serve and scale to the needs of entire cities, putting people in control of their mobility. The Company’s solution integrates custom software with vehicular hardware to create a network of intelligently routed vehicles that work together to serve and scale real-time to the needs of entire cities. The Company’s mobile application delivers on-demand, door-to-door service that is fully integrated with existing transit lines and systems. The Company partners with cities, transit agencies, and governments to increase ridership to existing public transit systems and put people in control of their mobility.


TSXV:ARGH - Post by User

Post by NineLiveson Oct 12, 2020 8:47pm
171 Views
Post# 31705443

It’s been proven over and over again

It’s been proven over and over againThere is no profit in becoming a taxi service to the world, only local taxi services make money as they have regular custom. Lyft, Uber and now FD have all failed miserably yet investors keep throwing money at this sector. Food delivery, margins are so tight it puts restaurants out of business. Taxi hailing, margins are so tight most drivers never recover the actual cost of the ride. It's a massive business failure and one day investors will wake up and realise this. Why SoftBank and the Saudi investment fund support these ventures is beyond comprehension!
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