Citymapper burns through £9m as subscription revenues grow
Citymapper burns through £9m as subscription revenues grow The travel app launched its Pass subscription service in 2019 18 December 2020 • 2:26pm Citymapper’s new Pass travel card boosted revenues at the London mapping start-up to £5.8m, although it still lost £8.9m last year. The start-up, which makes the popular Citymapper travel app, increased revenues from just £516,000 on the back of the launch of its Pass card. The travel card charges users a subscription fee for access to unlimited travel on London public transport as well as credit on ride-hailing taxis and hiring e-bikes. ...
Source: telegraph.co.uk