LimoRes special offer
LimoRes.net agreement with Delta provides unique mileage earning opportunities for customers
LimoRes.net, the revolutionary provider of corporate ground transportation, announced today that it will offer its customers the ability to earn frequent flyer miles in the Delta SkyMiles program under an exclusive arrangement with Delta Air Lines Inc., the world's largest carrier.
Click here to read moreJetBlue Airways and LimoRes.net Team Up to Offer Customers Exclusive Rates on Quality Car Service
JetBlue Airways Corporation (NASDAQ: JBLU) today announces a partnership with LimoRes.net, the leading revolutionary online ground transportation provider, to provide customers with the option to book exclusive discount rates on www.jetblue.com/cars. The partnership will offer quality car service in most JetBlue destinations, including Boston, Fort Lauderdale, L.A./Long Beach, New York City, Orlando and Washington, D.C./Dulles.
Click here to read moreElectriCar.com Launches Largest Global Online Network of Hybrid Limousines; Partners with CarbonFund.org to Off-Set Emissions
NEW YORK--(BUSINESS WIRE)--ElectriCar.com, an online provider of environmentally-friendly transportation alternatives, today announced the launch of the largest global online network of chauffeur-driven hybrid vehicles. ElectriCar.com, a service of LimoRes.net, the leader in online transportation services, provides a global one-stop solution at www.ElectriCar.com for customers seeking green alternatives for transportation needs. In addition, ElectriCar.com also announced that it has partnered with CarbonFund.org, to which ElectriCar.com will contribute a percentage of each hybrid car service reservation for planting trees and aiding in the global offsetting of carbon emission.
Click here to read moreLimoRes.net Raises $20 Million in Funding to Boost Global Growth
NEW YORK, Oct 14, 2008 (BUSINESS WIRE) -- LimoRes.net, the revolutionary online ground transportation provider, announced today that it has raised $20 million in new investment funding to accelerate its global growth initiatives and expand technology platforms.
Click here to read moreLimo Rental and Ground Transportation Services Company LimoRes.net Announces Record Growth, Prepares for Worldwide Expansion
LimoRes.net is a Web platform for ground transportation services. With service in more than 5,000 airports around the world, it provides more coverage than any other company in the industry. Headquartered in New York City, LimoRes.net is revolutionizing ground transportation, with its sophisticated proprietary software and back end infrastructure.
Click here to read moreLimoRes.net is featured on American Airlines' Sky Radio as of 11.01.07
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CEO of LimoRes.net, Alex Mashinsky
July 5, 2007--Meet Alex Mashinsky. He is an entrepreneur, an inventor, and most recently, CEO of LimoRes.net. Prior to the limo business, Mashinsky founded Arbinet thexchange, world leader in providing wireless, wire line and VOIP connectivity. When asked why he ventured from telecommunications into an on-line limo reservations business, Mashinsky said, "The internet is just in the first inning of transforming industries. This one has been resistant to change."
"Today, almost everything can be done on-line. Seventy percent of travel is done online but that has not been the case for limo services." Thus, Mashinsky saw something that was truly missing from the market.
As an unsatisfied customer himself, like many other New Yorkers, Mashinsky created a new type of limo service. It consists of an easy-to-use website in which customers can make instant reservations, setup personal and corporate accounts, learn about the company, and have the opportunity to chat with a live representative. The site has everything, including domestic and international rates, detailed bookings, tracking, and billing systems.
Yet most exceptional is that all the cars have GPS which enables customers to track each job and find the location of their car on-line. They may also retroactively find the route and times for each job and match it to their bills. When referring to the website, Mashinsky affirmed, "We are light years ahead of anyone else in the industry and our technology is consistently improving so that we are always on top. We believe in transparency and fairness which results in almost no loss of clients."
When Mashinsky looked for investors in his new venture, he met 200 investors who declined. Out of 12 million dollars invested to date, Alex has contributed half. When you look at LimoRes.net numbers, you can see why Mashinsky decided to take his capital and invest it in his company. Since its modest launch in 2003, LimoRes.net had jumped to 15.5 million dollars in revenue in 2006. And Mashinsky is notstopping there! He expects the company to make a two million dollar profit on 20 million dollars in revenue in 2007. His goal is to make it a billion dollar company. With a proven record, he will certainly do it.
