An electronic application for renting electric scooters عبر الإنترنت

An electronic application for renting electric scooters

Study request

Mashroo3k Economic Consulting Company provides a comprehensive feasibility study for an online e-scooter rental app.

share capital

Rate of return

Recovery period Second year

Electric Scooter Rental App

Mashroo3k Company offers an electronic application for renting electric scooters, allowing renters to enjoy the streets and stunning nature and see the surrounding areas from a new perspective.

The application contributes to the advancement of the tourism and entertainment sector, instilling a sense of fun in its customers while providing the highest levels of safety and comfort. It’s worth noting that the project offers technical support services for the scooter throughout the journey. One of its most important advantages is that it receives payment for the service through established electronic means.

An online application for renting electric scooters.

Electric scooters are available from the nearest location. The application relies on multiple points of contact, making it easy for customers to rent from the nearest location.
Paving routes with paved roads.
Technical support is available throughout the journey.
Customer follow-up is provided by the application’s customer service team to ensure customer safety at all times.
Services are provided at the lowest price in the market.

Why Mashroo3k ?

Mashroo3k has over 11 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
The company’s geographic reach spans 35 countries across all continents.
Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.

Compatible with all Android and iOS phones.
The control panel is available in both Arabic and English.
The application interfaces are designed in a user-friendly and distinctive style.
Easily add or block new customers using their phone number.
The ability to receive service fees in cash or through electronic payment (MasterCard or Visa).
Receive complaints and respond to customer messages.
New services are announced by simply sending mass notifications to customers.
Access to customer reviews of each service and the employee who performed it.
The ability to chat with customers in writing.
Guaranteed against vandalism and hacking, as it is equipped with the strongest protection and security measures.
Technical support is available around the clock.

Executive Summary

About the project
Financial indicators
Justifications for establishing the project
Government investment incentives in the project field
Target Markets
Project indicators and final results

Study of project services/products

Study of project services/products
Description of the project and all its products/services

Market Size Study

Familiarity with distribution channels
Consumer behavior, desires and nature
Competitors’ products or services, and what their strengths and weaknesses are.
Nature of the market and its characteristics
The volume of demand for the product or service provided
Available share of target market
The best way to market

Risk study

Identify risks
Impact of risks on the project
Risk prevention methods

Technical study

Detailed description of project products Expected production capacity Determination of investment costs
Determine the volume of electrical energy and water
Determine the project’s labor needs
Determine project requirements
Construction and building cost calculation
Total Capital Calculation
Determine annual operating costs
Determine the amount of working capital

Financial study

Total investment costs required for the project
Organizing the cash flow and income statements as well as the financial position statement for the first ten years of operation.
Determine the expected annual revenues of the project in light of the specified operational capacities.
The optimal financing structure for the project in light of the investors’ capabilities and in light of the financing granting conditions
Project financial indicators and sensitivity analysis

Organizational and administrative study

Project manpower
Organizational structure
Job Duties

A look at e-commerce statistics in the GCC:

In 2015, e-commerce contributed approximately 0.4% of the GCC’s GDP, amounting to $5.3 billion.
In 2020, with the developments brought about by the coronavirus pandemic on the global economy, the e-commerce market in the Gulf Cooperation Council (GCC) countries became one of the fastest-growing markets globally, with a growth rate exceeding 35%. The size of this market was estimated at approximately $24 million, compared to expectations of $21.6 billion.
Here is a detailed look at the size of the e-commerce market in the GCC countries over the past five years:
Global reports expect e-commerce in the GCC countries to grow at a faster pace during (2020-2022) by 20%, and by 14% until 2025. If it weren’t for COVID-19 and its repercussions, the rates would have been 14% and 10%, respectively.
The average percentage of households purchasing goods online has increased from 2% to more than 8%. This percentage in developed countries such as the United States, Korea, and Germany ranges between 16% and 25%, but indicators predict that the percentage will rise in GCC countries to reach global levels.
Online visits to popular shopping sites increased by 50% in 2020 compared to 2015, with the number of visitors reaching 21 million, up from just 3 million.
Recently, the number of shopping platforms and related e-apps has tripled compared to 2015.
The time users spend on websites has increased, such as: (Amazon, Namshi, Noon) where the average time a user spends daily in front of them reached (9:12 minutes) and the number of pages he browsed reached (7:8 pages).
Food and grocery delivery services are among the fastest-growing segments of e-commerce, with a growth rate of 20% and a market value of $3 billion in the GCC.
Fashion and beauty activities represent a significant investment opportunity in this field, with a growth rate of 18%, and a market today exceeding $5 billion in the GCC countries. Here is a detailed look at the expected growth of the e-commerce market in the GCC countries (for the next five years):
60% of millennials shop online.
By 2025, the e-commerce market in the GCC is expected to reach $50 billion.
Millennials represent more than 45% of the GCC’s population, making the e-commerce market a promising one in the region.

E-commerce revenue is expected to reach $8.29 billion in 2024.
In 2019, the number of internet users engaged in e-commerce (buying or selling) in the Kingdom reached 23.7 million, and this number is expected to rise to 33.6 million, an increase of 42%.
Clothing, shoes, and sporting goods are the most popular items purchased online, accounting for 67% of all e-commerce purchases. Cosmetics come in second place at 25.9%, followed by books and magazines at 24%, and IT services at 16%. Other goods account for the remaining share.
With the spread of the coronavirus, the number of online stores in the Kingdom increased by 12.4% to 28,676 stores (by the end of the first half of 2020), compared to only 25,501 stores in the fourth quarter of 2019.