- CEO
- Daniel Okelo
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 9436 West Lake Mead Boulevard Las Vegas NV United States of America 89134-8340
- IPO Date
- Jan 12, 2022
- Business
- WarpSpeed Taxi Inc. operates as a developer and provider of an all-in-one mobility platform combining ride-hailing, food and grocery delivery, and courier services through its proprietary application, WarpSpeedTaxi. The company offers transportation services utilizing standard and luxury motor vehicles for both one-way and round trips, with fare pricing based on distance and demand. It also services businesses by facilitating deliveries for restaurants, grocery stores, and other local vendors, charging restaurants 5% to 15% of order revenue. WarpSpeed Taxi’s platform emphasizes affordability and transparency, allowing drivers to receive real-time payments and consumers to save 15% to 25% compared to traditional ride-hailing services. Its SMART SHARING feature enables passengers traveling in the same direction to share rides, addressing driver shortages and reducing costs while promoting environmental sustainability.
Founded in 2018 and headquartered in Las Vegas, Nevada, WarpSpeed Taxi pursues a global expansion strategy through joint ventures, maintaining 50% ownership in local markets and charging a 2.5% licensing fee on gross revenues plus monthly management fees, minimizing dilution risk for investors. The company is currently beta testing its platform in Ahmedabad, India, branded as Tezi Taxi, with plans for rapid rollout across 205 countries via over 180 joint ventures. These ventures adapt the software to local markets with custom branding to enhance consumer acceptance. WarpSpeed Taxi prepares for an uplisting to OTCQB and targets dual markets in ride-hailing and delivery, aiming to disrupt these segments with a cost-effective, scalable solution.
Significant recent developments include the acquisition of an 89.35% stake in WarpSpeed Taxi by Ulixe One Corp. in June 2025 for $0.47 million, which resulted in new board appointments and leadership changes, including the resignation of the former CEO, Daniel Okelo. The company announced also has been strengthening corporate communications and marketing efforts through external agencies to increase shareholder value. This strategic acquisition positions WarpSpeed Taxi for accelerated growth and operational support, building on its innovative platform designed to address the rising demand for integrated mobility and delivery services worldwide.
Through its proprietary software and joint venture business model, WarpSpeed Taxi strategically combines technology and local entrepreneurship to offer diversified mobility services in ride-hailing, food and grocery delivery, and courier services across multiple regional markets globally.
This comprehensive business model and recent strategic restructuring position WarpSpeed Taxi Inc. as a dynamic player in the evolving ride-hailing and delivery industry with a unique global footprint and integrated service offering.