Expand your business beyond ride-hailing with a Super App
The COVID-19 pandemic has caused unimaginable mayhem in most parts of the world. This disaster has two catastrophic outcomes. First, the obvious one is the massive number of loss of lives. And the second outcome is of its impact on world economics.
COVID-19 has either slowed down or shut a huge number of businesses across the world. The fear of catching the virus has forced people to stay inside their houses. Moreover, the restrictions imposed by governments like lockdowns and curfew have also caused a massive impact on both small as well as big businesses.
If we go industry-wise, then the magnitude of impact varies from one industry to another. Businesses that rely on more human contact are severely impacted. The best example of it would be that of ride-hailing businesses.
Ride-hailing businesses were booming all around the world in pre-COVID-19 times. Giants like Uber, Lyft, and Grab were making headlines for their humongous deals and expansion plans. Not only that, but even small taxi app start-ups were also doing great in their specific regions. However, COVID-19 pandemic has adversely impacted all ride-hailing businesses across the globe.
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