YayYo, Inc. Closes on $6,000,000 in Financing

LOS ANGELES – March 12, 2018 – YayYo, Inc. today announces that it has closed on $6M in financing. The financing consisted of debt, equity and common stock purchase warrants. The funding came from Bellridge Capital, a privately held investment firm. Bellridge Capital late last year also gave the company a $200,000 Bridge loan. The […]

YayYo, Inc. Finalizes its propriety insurance program designed to cover fleet and other Vehicle owners to be covered on its Peer-to-Peer Platform Rideshare Rental

LOS ANGELES – March 1, 2018 – YayYo, Inc today announces the insurance program that the company has worked on for the last few month is finally in place to now be able to sign up fleet owners to its Peer-to-Peer platform for its subsidiary, RideShare Car Rentals, LLC. We will be able to provide […]

YayYo, Inc. Launches Ambassador Referral Program for its Peer-to-Peer Platform Rideshare Rental

LOS ANGELES – February 28, 2018 – YayYo, Inc today announces It has launched its Ambassador referral program for its previously announced subsidiary, RideShare Car Rentals, LLC. The Ambassador program is designed for driver to be able to earn their car for free and then for them to earn additional income by referring other drivers. […]

YayYo, Inc. Subsidiary Distinct Cars, LLC Turns Profitable

LOS ANGELES – December 19, 2017 – YayYo, Inc today announces that its wholly owned subsidiary, Distinct Cars, LLC has turned profitable. Distinct Cars, LLC owns a fleet of new cars which are rented to rideshare drivers mainly through the www.RideShareRental.com website. Revenues have almost doubled in each of the last three months. The company […]

Corporate Tax Cut to Be Phased Out After a Decade – Bloomberg

House tax writers are planning on phasing out the proposed corporate rate of 20 percent after a decade, according to a Republican lawmaker familiar with the negotiations. Cutting the corporate tax rate to 20 percent from 35 percent is a key provision of the tax legislation that Republican congressional leaders plan to unveil on Thursday. […]

Fed keeps rates unchanged, remains on road to December rate hike – Reuters

WASHINGTON (Reuters) – The Federal Reserve kept interest rates unchanged on Wednesday and pointed to solid U.S. economic growth and a strengthening labor market while playing down the impact of recent hurricanes, a sign it is on track to lift borrowing costs again in December. Investors had all but ruled out a rate hike at […]

Under Armour’s terrible year just got worse – Washington Post

A woman runs past an Under Armour store in downtown Chicago on Oct. 16. (Christopher Dilts/Bloomberg) Americans, it seems, are over Under Armour. The onetime darling of the athletic wear industry on Tuesday announced that sales are down for the first time since 2005, even as it makes an aggressive push to expand into mainstream chains like DSW, […]

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