Mycab gives your travellers access to available, reliable, safe transportation options, enabling both B2B and B2C services, with efficient financial and cost-reporting solutions. All while generating significant revenue streams for businesses.
Since 2008, www.mycabtravel.com has earned its reputation as a “first-mover” and an established leader in the provision of centralised, global ground transportation for business travellers (among others), boasting advanced centralised inventory technologies. This constant growth and innovation has resulted in an established presence across 155 destinations in 63 countries.
The Mycab concept has stemmed from the need and focus of provision of accessible and fair deals pertaining to ground transport related issues of the business traveler.
The inspiration and purpose of creating this business entity can be traced back to the operations of a Swedish company Netrevelation AB (publ). The company invested approximately $10 million in their product and system development over the years and to further this concept became a listed company in the stock exchange in 2001.
By 2008 the company had announced its contract with Mycab International SA for international expansion. The intention was to roll out the system and products worldwide through partnerships and cooperation.
In 2011 Mycab International SA acquired the Swedish operation, from Netrevelation AB (publ) along with all rights and brands in an asset deal.
In 2012 Mycab International S.A. became listed, in Stockholm, at a secondary market known as Aktietorget.
Mycab and Flygtaxi enter into cooperation and wins Swedish government procurement regarding nationwide taxi services worth SEK 100 million plus.
Mycab divests its Swedish train transfer product to Flygtaxi. The restructured Swedish operation forms a base for Mycab international roll out.
In June 2012 Mycab launches its international Flight Transfer product - Mycab® Flight Transfer.
Most of the times the business travelers have to face time crunches, during their tours across countries. Thus, Mycab has developed holistic methodologies to offer absolutely secure and cost-effective travel solutions to business travelers to ensure that they reach their destinations in a timely fashion, using taxis as the primary travelling medium.
Mycab business model is transaction based with a two pronged revenue stream strategy; from customers and from service providers. The proposed services are offered through an IT-System, known as Netsys™, which encompasses the entire travel process and creates extra value addition that cannot be achieved without this system approach.
From the customer perspective this implies that extra value additions are attached with the transport which the customer is keen to pay for. From service provider perspective the system approach provides a streamlined, lean and efficient production method, for which the service provider is prepared to offer discounts.
Mycab vision is to upgrade the status of the traditional taxi industry as a whole and link it with the travel industry. This is realized by offering quality assured taxi travel through the travel industry’s established booking channels, and by simplifying booking, transportation and administration process for travelers.
Mycab mission is to provide clients a cost effective, convenient and secured travel by taxis on a global scale. By doing this, we will also contribute to our business partners development and prosperity, and generate maximum value for shareholders.