Louis

08 Sep 2020

Car rental is one of the first segments gaining momentum after the slump faced by the transportation industry following the COVID-19 outbreak. As we are still in the recovery phase, there is a decreased availability of public transit. Besides, the uncertain safety standards of public transport service compel commuters to go for alternatives. The tourist […]

Louis

25 Aug 2020

Driver retention is one of the major problems faced by taxi service providers in the wake of the global pandemic. The spread of hazardous infections and a temporary plunge in ride volumes compelled drivers to keep away from their professional responsibilities. Now that the commuters are switching to the new normal, the ride volume is […]

Louis

19 Aug 2020

The global pandemic has influenced us to switch to a new normal lifestyle with strict adherence to social distancing. The inevitable need to avoid human contact in public spaces has resulted in the massive growth of the cashless economy. In fact, Visa, a leading payment technology company, claims to have witnessed a whopping growth of […]

Louis

10 Aug 2020

The global pandemic did take a toll over the ride-hailing industry for the past few months. However, the sector has started regaining its prospects as commuters are gradually switching to the new normal. Now is the time to start your ride-hailing business and if you can rightly address the market demands in sync with the […]

Louis

07 Jul 2020

Though the COVID-19 pandemic hit ride-hailing hard, the industry is now gradually booming again. In fact, it is predicted to attain a growth of up to 55.9% and the market revenue is expected to hit 120 million USD in 2021 from 76 million USD in 2020. Service providers are now coming up with new enhancements […]

Louis

19 Jun 2020

Businesses face ups and downs but what really matters is how entrepreneurs manage risks and stand their ground amid a crisis. The same applies to the ride-hailing industry. Leading service providers have always managed to overcome crises including the COVID-19 pandemic all by devising innovative strategies to handle the situation better and keep their businesses […]

Louis

29 May 2020

The COVID-19 pandemic has hit the transportation sector hard thereby bringing down opportunities for taxi and other ride-hailing businesses for the time being. Drastic impact of COVID-19 on the market The global market value of the ride-hailing industry which was previously projected to be 26,153m in 2020 is expected to witness a compound annual growth […]