DaaS—A Way to Solve Logistics Problems for Small Businesses?

By: Tomas Ronolski - AllPennyStocks.com News

Monday, May 16, 2022

The global impact of the pandemic has impacted all types of consumer products—and with an anticipated double digit CAGR, it is one of the hottest sectors in the global economy. This company expects the DaaS platform to be a key element of its business and a valuable driver of ESG data, reporting and analytics.

Integrated ESG technology platform, Facedrive Inc., or STEER, (TSXV: FD) has rolled out its Delivery as a Service DaaS) offering with over 200 small and medium businesses, with large big box retailers the next target. The firm’s offering provides a last mile logistics solution for retailers to offer just-in-time deliveries to end-users.

STEER’s Daas solution already has a 99 percent on time delivery rate with over 200 local merchants in the Greater Toronto area.

Shares ended Friday trade at $0.66.

Copyright © 2022 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.