Sat, 03 Dec 2022 Today's Paper

PickMe calls on govt. to enable a level playing field

25 August 2020 02:39 pm - 4     - {{hitsCtrl.values.hits}}

A A A

Home-grown taxi hailing app, PickMe called on the government to increase its efforts in creating a level playing field so that entities, such as itself, that has digital solutions as its core operations can compete better with multinationals in the industry.

“In terms of support we would encourage the government to enable a level playing field to compete against the digital multinationals. This is relevant to all digital domains, not just us,” said PickMe Chairman Ajit Gunewardene in the company’s annual report.
He stressed that all digital platforms should incorporate an onshore company to carry on commercial activity. 
“This will ring fence local operations and create transparency and a level playing field with local entities,” added Gunewardene.
Acknowledging that the future acceleration and dominance of the digital economy was proven during the pandemic, the PickMe chief said the Sri Lankan based entity was and continues to be “perfectly positioned” to be a key player.
“The digital intellect and business execution knowledge that we have will be leveraged to entrench ourselves deeper in the economy. We pride ourselves on the home grown technology that we have created,” said Gunewardene.
Meanwhile, PickMe CEO Zulfer Jiffry shared that the digital solutions company will be infused with further investment in the coming months, particularly in the delivery verticals.
“We consider this to be a natural hedge against our hailing business in the face of the uncertainty created by the Covid crisis,” said Jiffry.
He shared that PickMe is currently involved in testing technology in many areas such as better routing algorithms, Data science and Machine learning and Artificial Intelligence.
The company has also launched an incubator program and is the process of incubating a fintech that has developed a personalised financial inclusion product. 


 


 


Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

  Comments - 4

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka
  • kanday Tuesday, 25 August 2020 06:00 PM

    what bs. try to be as good as uber or shut up

    Michael Ranasinghe Thursday, 27 August 2020 06:32 AM

    True .. when they cannot compete they complain .. typical Sri Lankan mentality

    pickyou Tuesday, 25 August 2020 06:23 PM

    instead of charging gov leavy from creditcard holders, gov should consider taxing foreign entities directly like many other countries do with big tech..

    N.Viswanath Thursday, 27 August 2020 07:13 AM

    Pickme needs to focus alot on marketing


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

She said/He said

Much has been written and said in the last few days since the news was releas

POLICE ON TRIAL: Exercising Authority without Accountability

Although armed with the power of the State and empowered to use force against

Downfall and death of LTTE’s Mahathaya

The Liberation Tigers of Tamil Eelam (LTTE) ceased to exist as a functioning

Rishi Sunak; why SL did not have a Tamil or Muslim as President?

Britain now has a British Asian, Hindu Prime Minister, though Rishi Sunak is