LimoLane, the chauffeur-driven car rental service platform, announces that it closed 2023 with a turnover of 16.5 million euros, doubling the figure compared to 2022, with record numbers for the non-scheduled urban mobility sector. The company, whose CEO Francesco Righetti had illustrated in detail the business model, the opportunities and potential for international growth in the interview we published in March 2023, now has over two thousand customers worldwide and continues to grow beyond national borders. On the foreign market alone , LimoLane has achieved revenues of three million euros in the last year, thanks to the initial inclusion in France and Great Britain, the premium mobility platform, thus confirming the scalability of the business model already applied on the Italian market and its ability to create value in other markets as well, reaching 50 countries around the world and more than 500 cities. During 2023, LimoLane intensified its collaboration with the international events industry, successfully coordinating non-scheduled mobility services at more than 130 events worldwide. From fashion weeks in Milan, London, Paris and Seoul to music festivals such as Sanremo, LimoLane has also presided over events in New York, Los Angeles, Ryiahd and Dubai in the luxury and aviation sectors; it also boasts a growing presence in major sporting events such as Formula 1 and in football competitions, as well as golf. tennis and horse riding. With an average duration of 15 days each and a fleet of about 300 vehicles present at each event, LimoLane’s vast global community of drivers has covered a total of over 2.4 million kilometers, with more than 80 thousand transfers and ensuring impeccable mobility for both guests and staff involved.
International growth
“With the results achieved in 2023 and the confirmed progress in France and Great Britain, we intend to continue our international expansion especially in the United States and the Middle East, but at the same time consolidating our presence at the national level. Our team has grown considerably, from 20 to over 85 people in just two years, involving professionals from 15 different nationalities, with an average age of 30 years,” Righetti said in a statement. In addition, innovation in an industry that has historically been offline and subject to outdated regulations, such as the NCC sector, has proved to be an extraordinary opportunity that has produced exceptional results. A tangible example is the collaboration with fashion industry events where we have recorded a 228% increase compared to the last two years, related to logistical and technological support for the mobility service. For 2024, through a personalized and high-quality approach, LimoLane will continue to establish itself as a reference point for brands and operators in the sector globally”. The distinctive element of LimoLane lies in its ability to introduce technological innovations to enhance the efficiency and digitalization of the entire NCC (rental with driver) sector. With the LiMO product, based on the synergy of three key components: the management technology platform for NCC, the sense of community, a real novelty in a sector currently fragmented on over 34 thousand micro-activities in Italy alone, and the international marketplace, in this way operators have the opportunity to easily manage travel booking flows, simplifying the exchange of services between NCC professionals. (Photo by Dimitro Frantz on Unsplash)
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