Why you must introduce food delivery business in your existing taxi business in the time of the Coronavirus Pandemic

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 businesses share a lot of things in common. This is the reason why many companies find it easy to simply add food-delivery into their existing taxi booking business without spending much money and time.
Location: United States

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