Who Are We?
FIVE is a company that operates as a Social Enterprise that aims to increase the income and standard of living of e-hailing drivers in Malaysia. As a Social Enterprise, most of FIVE‘s profits will be returned to FIVE drivers. Our objective is to prioritize the
e-hailing driver community.
What sets FIVE apart
from the rest?
FIVE Education Foundation
Education fund for children of FIVE drivers who excel in school exams. FIVE hopes that this Fund can reduce the financial burden of drivers in managing their children’s schooling.
EHO is owned by the driver
Drivers are not just driver-partners, Drivers are the owners of the FIVE company. Drivers own 70% of FIVE company shares.
Drivers have the right to voice their suggestions and opinions
50% profit
As a Social Enterprise, 50% of the company’s profits are returned to the drivers in the form of dividends and so on.
Less worries, more smiles!
Low Commission Charges
Commission Charge based on per trip
• Trip below RM40, RM1 / trip
• Trip from RM41 – RM80, RM2 / trip
• Trip from RM81 – RM120, RM3 / trip and so on…
Drivers will enjoy more money per trip.
Happy Driving
Reduce stress, reduce unfairness that is detrimental or blocked without reason. No more remote pickups. Reasonable fare.
Be a happy FIVE driver.
Driver income comparison
FIVE
The driver’s income is FIVE per day
• 20 trips/day (assume an average of RM15 per trip)
= 20 trips x RM15
= RM300/day (Gross income)
• Gross income – platform commission
= RM300 – RM20 (20 travel commissions)
= RM280
* Compared with other EHO drivers, FIVE drivers can save RM40 commission per day, or save RM1200 commission per month.
Outstation Travel
Assume a trip from KL to Penang
= RM 600
• Gross income – platform commission
= RM600 – RM13 (commission)
= RM587
* FIVE drivers get an extra RM107 compared to competitors for this trip.
Competitors
Earnings of other drivers per day
• 20 trips/day (assume an average of RM15 per trip)
= 20 trips x RM15
= RM300/day (Gross income)
• Gross income – platform commission (20%)
= RM300 – 20% (commission)
= RM240
Outstation Travel
Assume a trip from KL to Penang
= RM 600
• Gross income – platform commission
= RM600 – RM13 (commission)
= RM587
* Compared with other EHO drivers, FIVE drivers can save RM107 commission.
Competitors
Earnings of other drivers per day
• 20 trips/day (assume an average of RM15 per trip)
= 20 trips x RM15
= RM300/day (Gross income)
• Gross income – platform commission (20%)
= RM300 – 20% (commission)
= RM240
Outstation Travel
Assume travel from KL to Penang
= RM 600
• Gross income – platform commission (20%)
= RM600 – 20% (commission)
= RM480
Want to become a Driver-Shareholder?
A golden opportunity to become a Driver-Shareholder FIVE!
As a FIVE driver, you not only get more profit on every trip, drivers are also given the opportunity to own FIVE company shares with a small investment. And this is only open to drivers with a PSV license.
• Investment = RM300 per FIVE driver (one time investment)
• Total drivers offered = 70k drivers nationwide
• Total % of shares offered = 70% of FIVE company shares
This investment campaign will be managed by one of the largest local companies registered with the Securities Commission of Malaysia to offer Equity Crowdfunding campaigns for companies registered in Malaysia.
The use of this RM300 investment money:
• Driver credit wallet = RM20 (back to the driver to start driving)
• Promo code = RM 5 x 4 trips/driver = RM 20 x (11 drivers) = RM220
• Marketing & Operation Cost = RM60 (Expense operations, billboards,
online marketing, promotional materials, car stickers, etc.)
NOTE:
The driver’s EVP will be paid first by using this investment money. Installment payments of only RM5 will be deducted from the driver’s Cash Wallet every day until the installment payment ends.
FIVE drivers are Driver-Shareholders!
A question that drivers always ask
Why does FIVE want to launch an Equity Crowdfunding campaign to receive investment from drivers, and not from investors?
Indeed, FIVE can get investment from investors and venture capitalists like any other e-hailing companies in Malaysia.
But try to imagine, if FIVE receives investment from investors, what is the difference between FIVE and other companies?
Investors care more about their own profit than the welfare of drivers. If FIVE receives investment from investors, the benefits that FIVE proposes for drivers will not be fulfilled; such as low charge commission, return of profits to FIVE drivers, establishment of FIVE Education Foundation (FEF) for drivers’ children, and benefits proposed in the future.
FIVE’s objective is to generate profit for drivers, not for investors.
