yelowsoft

The competition in the ride-hailing industry has been one of the highlights of this decade. The competition which started from Uber and Lyft has now notched-up due to the entry of many new players both in international as well as regional markets. However, it’s also true that with time the number of competitors has dwindled leaving only a few prominent names. And all of them are now looking for a geographic expansion which will also serve as the benchmark as to who will become the global leader in the ride-hailing market. According to Goldman Sachs, the ride-hailing industry will be ballooning to a mammoth $285 billion by 2030. This can be further escalated as China’s Didi Chuxing is giving a great competition to Uber. In fact, it has surpassed Uber as the world’s most valuable startup. Didi is showing no signs of slowing down. After establishing its ride-hailing services in China, Didi is now eyeing towards another region of the world that still has a potential ride-haili

About NaviGo is an app-based ride-hailing company which enables riders to connect to the nearest driver within a matter of a few minutes. The company was established in Koh Samui, Thailand by a local with a goal of improving the state of public transportation for both locals and tourists. The company’s co-founder Pete Poolsawad started the company with just 5 cars in order to test the market. They had high hopes for bringing the change as they were the first taxi app company to operate on the island. Currently, the company has over 50 experienced drivers that provide taxi services to the entire community. NaviGo has now become the first choice for everyone’s travel needs in Koh Samui. Challenges Wanted to introduce parcel and food delivery Many taxi companies are now moving beyond taxi to tap various markets. Similarly, our client also wanted to cement their foot in various other industry segments like courier delivery and food delivery. However, their existing system

Over the years, we have solved numerous challenges and issues faced by our clients by providing them with effective quick fixes in the form of feature updates in our  taxi booking solution . Solving all these issues made us aware of the problems that many taxi firms face. One of such problems was the pricing schema. Pricing is an  important element of a taxi business . It helps the company to define the algorithm for their prices. The pricing schema is of various types. Different companies use different pricing schema depending upon various factors like their revenue model, geography, demographics, fleet size, and many more. We also saw that many taxi companies who were in their startup stage had chosen a particular pricing schema. However, once they expanded their business they had to make massive modifications in their pricing structure which posed a huge challenge as the existing taxi booking solution wasn’t able to accommodate those changes. To address this issue, Ye

Over the years, we have seen the on-demand economy booming with the entrance of big players like Uber, Lyft, Grab, Gojek, and many others. These companies have disrupted many industries at a time be it taxi, food-delivery, ecommerce, etc. It won’t be wrong to say that the  taxi industry  was the one which was most disrupted by this. The arrival of Uber, Lyft, Grab, and Ola totally decimated the traditional taxis all over the world. Moreover, with people using more and more  on-demand services , we are witnessing a new trend among the ride-hailing taxi business. We are seeing ride-hailing businesses exploring into different ventures especially the food delivery. UberEATS is the prime example of it which began in August 2014. So, why are taxi companies venturing into the food-delivery industry? The answer to this question is very simple. Both taxi booking and food delivery businesses are very similar. Both from the business and technical point of view these two on-demand bus

About Re Serve The RE Serve is an application that provides transport service for commuters via local Bajaj RE three-wheeled vehicles in various cities of the Philippines. The three-wheeled vehicles often referred to as tuk-tuk is quite popular in the Philippines. Many of the local people use it as their mode of transport for the daily commute in the city. There are around 3.5 million three-wheeled vehicles in the Philippines. The Re Serve recently featured in Coleen’s world Vlog which is a popular YouTube Vlog channel in the Philippines. Apart from that it also got featured in the DZRH News Television, which is one of the leading news channels in the Philippines. Re Serve officially launched in Feb 20, 2020, and started offering below three types of services. Read More:  Yelowsoft guides RE Serve to become a successful taxi company in the Philippines

Gone are the days when taxi businesses were managed in traditional ways. With the advancements in technology, we saw the birth of taxi behemoths like Uber, Lyft, Grab, Ola, and many more which dominated the  taxi industry  in various parts of the world. It won’t be wrong to say that, the rise of these behemoths has disrupted the taxi industry completely. Moreover, it has also encouraged many entrepreneurs to come up with their own taxi-start-ups around the world. However, one interesting thing here to notice is that every successful taxi company had a robust taxi application or a  taxi booking and management system . So, one thing is very clear that to become a successful taxi company, you must have an  advanced taxi booking system  at your disposal. Read More :  Why must taxi start-ups hire Yelowsoft instead of custom-solution?