PickMe

Sri Lankan ridesharing and delivery company From Wikipedia, the free encyclopedia

PickMe

PickMe is a Sri Lankan taxi hailing and delivery app developed by Digital Mobility Solutions Lanka Ltd. It launched in June 2015.[2][3] The app is available in English, Sinhala and Tamil on Android and iOS. By 2021 the company had 8000 registered users.[4]

Quick Facts Trade name, Company type ...
Digital Mobility Solutions Lanka Limited
PickMe
Company typePublic
CSE: PKME.N0000
ISINLK0495N00008
IndustryTechnological Mobility Solutions provider
FoundedMarch 2014; 11 years ago (2014-03)
FounderZulfer Hassen
Headquarters,
Sri Lanka
Area served
Sri Lanka
Key people
  • Ajith Gunewardene (Chairman)
  • Zulfer Hassen (CEO)
ProductsPickMe Taxi Hailing App, PickMe Food
Servicestaxi hailing and delivery app
Revenue LKR3,919 million (2024)
LKR925 million (2024)
LKR679 million (2024)
Total assets LKR2,821 million (2024)
Total equity LKR1,749 million (2024)
Owners
Number of employees
over 300 (2024)
Websitepickme.lk
Footnotes / references
[1]
Close

History

PickMe was founded by entrepreneur Jiffry Zulfer in 2015. It was backed by the International Finance Corporation.[5]

In September 2015, PickMe raised 150 million rupees in private funding.[6] By June 2017, 6.5 million rides in total had been completed, with 35,000 rides happening daily, and the number of customers stood at around 620,000.[7]

YAMU acquisition

PickMe acquired YAMU, a food and hotel review site, in July 2019. At the time YAMU had 325,000 monthly active users and 615,000 monthly pageviews.[8]

COVID-19 response

During the COVID-19 pandemic in Sri Lanka, PickMe utilised innovations such as displaying the vaccination status of the driver, providing cash incentives for passengers riding to the nearest vaccination center, contact tracing, and installation of separators and hand sanitization facilities.[4] PickMe's Flash delivery service was used by restaurants to deliver over 8200 orders during the lockdowns.[9]

IPO

The company announced its initial public offering on the Colombo Stock Exchange in September 2024. The company offered 13.04% of its shares and hoped to raise LKR1.5 billion.[10] The IPO was held on 13 September 2024 and was oversubscribed on its opening day itself.[11]

Technology

PickMe's backend services utilise the microservices architecture, with over 100 microservices.[12] It utilises Google Cloud Platform and Microsoft Azure, is deployed using Docker and Kubernetes, and uses Apache Kafka as a messaging service. The data science platform uses Apache Hadoop, Apache Spark, and Apache Hive. PickMe's micoservices are written in Go.[13]

See also

References

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