AloPeyk
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AloPeyk
AloPeyk is an on-demand delivery company based in Iran. It was founded in September 2016 by Mehdi Nayebi and Mehrshad Pezeshk who both moved from Europe to Tehran to start the company. Nayebi wanted to offer a solution for Iranian ecommerce companies looking to outsource deliveries and logistics. By 2017, the company was reported to deliver 10,000 packages per day. That same year, Apple had removed the AloPeyk app from its App Store in compliance with United States sanctions against Iran, U.S. sanctions against Iran. By 2021, the company reportedly had shipped 75 million packages since its founding, and had 15,000 active daily drivers on its platform. The company gained its initial market share by offering lower prices than its competitors. On the back-end, the company uses algorithms and computer software to reduce the idle time of its delivery drivers, and allow them to make more deliveries at a lower cost to the end customer. In 2018, the Financial Times reported that AloPeyk had ...
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Snapp!
Snapp! () is an Iranian vehicle for hire company, headquartered in Tehran that launched in February 2014. Users can request a ride via the iOS, Android, or web application, by indicating their location and destination. The price of the trip is set beforehand, to eliminate bargaining. Snapp! commissions drivers upon completing a background check, and showing a valid driver's license and insurance before hiring them. Along with Tapsi, Snapp! is the most popular ride-hailing platform in Iran. Funding and Operations The company launched in 2014 as Taxi Yaab and experienced rapid growth in the first three years. In October 2016, the company received a $20 million investment in a Series A round led by MTN Group, a South African multinational corporation. According to a 2017 interview with Shahram Shahkar, the former CEO of the company, Snapp! employs more than 300,000 active drivers and more than 500 other personnel at that time. Snapp rebranded itself and changed its logo in 2019. ...
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Technology Start-ups In Iran
Iran's telecommunications industry is almost entirely state-owned, dominated by the Telecommunication Company of Iran (TCI). Fixed-line penetration in 2004 was relatively well-developed by regional standards, standing at 22 lines per 100 people, higher than Egypt with 14 and Saudi Arabia with 15, although behind the UAE with 27. Iran had more than 1 mobile phone per inhabitant by 2012. Iran has a population of 80 million with some 56% of Iranians under the age of 25. In 2008, there were more than 52,000 rural offices, providing Telecom services to the villages across the country. The number of fixed telephone lines is above 24 million, with penetration factor of 33.66%. In 2012, there were 43 million internet users in Iran, making the country first in the Middle East in terms of number. As of 2020, 70 million Iranians are using high-speed mobile internet. Iran is among the first five countries which have had a growth rate of over 20 percent and the highest level of development in ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Technology
Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, industry, communication, transportation, and daily life. Technologies include physical objects like utensils or machines and intangible tools such as software. Many technological advancements have led to societal changes. The earliest known technology is the stone tool, used in the prehistoric era, followed by fire use, which contributed to the growth of the human brain and the development of language in the Ice Age. The invention of the wheel in the Bronze Age enabled wider travel and the creation of more complex machines. Recent technological developments, including the printing press, the telephone, and the Internet have lowered communication barriers and ushered in the knowledge economy. While technology contributes to econom ...
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Delivery (commerce)
Delivery is the process of transporting goods from a source location to a predefined destination. Cargo (physical goods) is primarily delivered via roads and railroads on land, shipping lanes on the sea, and airline networks in the air. Certain types of goods may be delivered via specialized networks, such as pipelines for liquid goods, power grids for electrical power and computer networks such as the Internet or broadcast networks for electronic information. Car transport is a particular subgroup; a related variant is Autorack, which involves transport of autos by railroads. Delivery is a fundamental component of commerce and trade, and involves transport and distribution. The general process of delivering goods is known as distribution, while the study of effective processes for delivery and disposition of goods and personnel is called logistics. Firms specializing in delivering commercial goods from the point of production or storage to their point of sale are genera ...
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Transportation
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicl ...
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Tehran
Tehran (; fa, تهران ) is the largest city in Tehran Province and the capital of Iran. With a population of around 9 million in the city and around 16 million in the larger metropolitan area of Greater Tehran, Tehran is the most populous city in Iran and Western Asia, and has the second-largest metropolitan area in the Middle East, after Cairo. It is ranked 24th in the world by metropolitan area population. In the Classical era, part of the territory of present-day Tehran was occupied by Rhages, a prominent Median city destroyed in the medieval Arab, Turkic, and Mongol invasions. Modern Ray is an urban area absorbed into the metropolitan area of Greater Tehran. Tehran was first chosen as the capital of Iran by Agha Mohammad Khan of the Qajar dynasty in 1786, because of its proximity to Iran's territories in the Caucasus, then separated from Iran in the Russo-Iranian Wars, to avoid the vying factions of the previously ruling Iranian dynasties. The capital has been ...
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Iran
Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmenistan to the north, by Afghanistan and Pakistan to the east, and by the Gulf of Oman and the Persian Gulf to the south. It covers an area of , making it the 17th-largest country. Iran has a population of 86 million, making it the 17th-most populous country in the world, and the second-largest in the Middle East. Its largest cities, in descending order, are the capital Tehran, Mashhad, Isfahan, Karaj, Shiraz, and Tabriz. The country is home to one of the world's oldest civilizations, beginning with the formation of the Elamite kingdoms in the fourth millennium BC. It was first unified by the Medes, an ancient Iranian people, in the seventh century BC, and reached its territorial height in the sixth century BC, when Cyrus the Great fo ...
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United States Sanctions Against Iran
The United States has since 1979 applied various economic, trade, scientific and military sanctions against Iran. United States economic sanctions are administered by the Office of Foreign Assets Control (OFAC), an agency of the United States Department of the Treasury. Currently, United States sanctions against Iran include an embargo on dealings with the country by the United States, and a ban on selling aircraft and repair parts to Iranian aviation companies.Haidar, J.I., 2015Sanctions and Exports Deflection: Evidence from Iran" Paris School of Economics, University of Paris 1 Pantheon Sorbonne, Mimeo The United States has imposed sanctions against Iran in response to the Iranian nuclear program and Iranian support for Hezbollah, Hamas, and Palestine Islamic Jihad, that are considered terrorist organizations by the United States. Iranian support for the Shia militias in Iraq and the Houthis in the Yemen civil war are also in contention. On 17 May 2018, the European Commissi ...
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Turquoise Partners
Turquoise Partners (Persian: گروه مالی فیروزه‎) is a privately-owned international financial services group based in Iran which was established in 2005. Turquoise provides a wide range of financial services to foreign and domestic clients. The company is considered a pioneer in terms of managing foreign assets on the Tehran Stock Exchange. Turquoise is the largest manager of foreign portfolio investment on Iran's capital markets. Background Turquoise Partners is a leading privately-owned financial services group that is focused on Iran. It offers asset management, brokerage, and investment banking services for domestic and foreign clients. It is also active in private equity and venture capital. Turquoise produces a monthly English-language newsletter called Iran Investment Monthly, which has a large online audience. Turquoise Partners was founded in 2005 and has over 250 employees. International Funds Iran Equity Fund and Iran Fixed Income Fund: Turquoise's I ...
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Package Delivery
Package delivery or parcel delivery is the delivery of shipping containers, parcels, or high value mail as single shipments. The service is provided by most postal systems, express mail, private courier companies, and less than truckload shipping carriers. Mail order and next-day delivery in the United Kingdom Welsh entrepreneur Pryce Pryce-Jones formed the first mail order company in 1861. He distributed catalogues of Welsh flannel across the United Kingdom, with customers able to order by mail for the first time—this following the Uniform Penny Post in 1840 and the invention of the postage stamp ( Penny Black) where there was a charge of one penny for carriage and delivery between any two places in the United Kingdom irrespective of distance—and the goods were delivered throughout the UK via the newly created railway system. Price-Jones promised next-day delivery throughout much of the country. Package delivery in the United States In 1852 Wells Fargo, then just one of ma ...
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Sharing Economy
In capitalism, the sharing economy is a socio-economic system built around the sharing of resources. It often involves a way of purchasing goods and services that differs from the traditional business model of companies hiring employees to produce products to sell to consumers. It includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organisations. These systems take a variety of forms, often leveraging information technology (particularly digital platforms) to empower individuals, corporations, non-profits and government with information that enables distribution, sharing and reuse of excess capacity in goods and services.Sutherland, W and Jarrahi, M.H. "The sharing economy and digital platforms: A review and research agenda." ''International Journal of Information Management'' 43 (2018): 328–341. There are two main types of sharing economy initiatives: * Non-profit, usually based on the concept of book-lendin ...
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