Louis

30 Jan 2020

Over the past few years, the car rental industry has been growing at a faster pace across the globe. The lack of route flexibility in public transit and the need for a greener environment has driven commuters to move on to rental vehicles. Besides, the growth of the tourism industry also fetches opportunities for car […]

Louis

21 Jan 2020

The increase in pollution rate and the need to bring back a greener environment has made way for electric vehicles. In fact, the global electric vehicle market which was valued $118,864.5 million in 2017 is projected to hit $567,299.8 million by 2025 with a CAGR of 22.3%. Given the scope for electric vehicles, there is […]

Louis

07 Jan 2020

The ride-hailing industry has always been flexible enough to imbibe the changing market demands and has come up with alternatives to address the same. Here is a round-up of the ride-hailing trends 2019 as the year has drawn to an end. Electric vehicles With the increase in pollution rate, green living has gradually started gaining […]

Louis

23 Dec 2019

The ride-hailing industry is always subject to change based on the dynamic market demands. Surpassing taxis and carpooling, bike taxis have made it up to the limelight now. In fact, the bike-sharing market which amounts to 1570 million USD in 2019 is expected to reach 5440 million USD in 2024. Major players in the ride-hailing […]

Louis

19 Dec 2019

Traditional currencies are gradually being replaced by their digital counterparts with the growth of the cashless economy. Given the massive scope for digital transactions, businesses now integrate multiple payment gateways to accept digital money and the taxi business is no exception. Here are the top 6 ways you can benefit by integrating payment gateways in […]

Louis

04 Dec 2019

The ride-hailing taxi industry has a much wider scope for growth especially with the increase in the need for easy access to daily transit. In fact, the global ride-hailing market valued $36,450.0 million in 2017 is projected to reach $126,521.2 million by 2025. With the growing market demand, taxi businesses can gain massive profits if […]

Louis

01 Nov 2019

Despite the increasing need for private transit, driver ride cancellation is considered as one of the major issues that hinder the growth of the ride-hailing segment. In fact, 36% of passengers in India claim driver cancellation to be the biggest drawback in booking on-demand taxis. Besides causing inconvenience for customers, it affects the overall business […]