yelowsoft

  The   ride-hailing industry   has come a long way. Only in the span of 10 years, we witnessed its massive growth and more importantly rapid adoption by the customers.   Uber   and   Lyft ’s success in the US sowed the seeds for an industry which is now expected to reach the market size of   $218 billion   by the year 2025. The formula of an app-based taxi business which worked wonders in the US has now spread to each and every corner of the world. If we look at its journey in the Western and Central Europe, then it’s quite fascinating too. The Central and Western European region consists of 13 countries which are: Austria, Czech Republic, Germany, Ireland, the United Kingdom, Switzerland, Belgium, Liechtenstein, Monaco, France, Luxembourg, Netherlands, and Hungary. In this article, we are going to discuss in detail about the  ride-hailing market trends , big players, and important events related to ride-hailing businesses in Central and Western Europe. READ MORE : A closer look at th

  The rise of the Uber was pivotal in modern times, especially for all the businesses. It’s because it not only disrupted the taxi industry but also laid a platform in the form of an   on-demand economy   for other entrepreneurs to disrupt several industry verticals. Freight or trucking industry is also among those industry verticals which has undergone tremendous change due to the Uberization. Today, Freight or truck industry in the US is worth approx.  $800 billion . Trucks are the most preferred mode of transporting cargo as  84%  of the total freight spending is done just on trucks. By the year 2027, the amount of cargo moved by the trucking industry will be 27%. ATA has also estimated that the total freight tonnage will increase by 35% between 2016 and 2027. The above stats make one thing very clear that the trucking industry is booming. However, the real question arises is that how you can take the piece of this cake? Well, the answer is with an on-demand cargo delivery solution.

  What comes to your mind first when you want to book a taxi ? If you are thinking about   Uber , then you are right. As per   statista , Uber has completed approximately 1.7 billion trips in the second quarter of 2020. A few years ago, no one would have imagined that the emergence of taxi-hailing apps will drastically change the scenario of taxi business markets. As per  statista , the revenue in the  ride-hailing markets  will be $1,588.2 billion US dollar (approx.) in 2024. From this, we can say that the taxi-hailing industry is going to witness an upheaval. That is why you need to create a robust app for your taxi business. Apart from giving a rich taxi-booking experience for your customers, a robust  taxi dispatch solution  can also reduce the time of your administrative tasks. You can efficiently employ some tools and resources to streamline your business. Here are some software solutions which you can consider to manage your business : READ MORE  :   Which kind of software and p

  We at   Yelowsoft   believe in the mantra of indulging in continuous introspection and improvement to achieve perfection.  Years of experience have made us realize that to remain relevant and future proof in a fickle and chaotic market; you must reinvent yourself from time to time. This is the reason why we have come up with so many changes and updates in our solutions over the years. Continuing that tradition, this time we have come up with a mega-update in the form a  Super App .  Yelowsoft has finally come with its own Super App which enables our client to offer multiple services from the same platform. Before we talk about Super App, let’s understand what Super App actually is? What is a Super App? Super App can also be termed as an umbrella app which consists of many apps within. It’s an operating system that sets you free from the tyranny of apps. Super App enables customers to access a number of diverse services from the same app. Chinese giants  WeChat  and  AliPay  populariz

  Introduction The rise of Uber in 2009 has revolutionized the global taxi-hailing business. It allowed its customers to book a cab in a few clicks on their smartphones. As per  statista , revenue in the ride-hailing segment will grow at approximately 461 million USD in 2020. From this, we can say that the taxi-hailing industry would be going to see massive growth. After witnessing a huge potential in the taxi-hailing business, various players are looking for creating the best  ride-hailing solution  for their startups. The ease of booking and enhanced passenger comfort is also the key reasons for this growth. Why is there a demand for ride-hailing businesses in the Middle East? Middle East countries have attracted the attention of the global  ride-hailing industry  due to its reputation of being a center of economic development. The tourism industry is the fastest growing industry in the Middle East. As per  statista , the total contribution of the travel and tourism sector is estimat

The ride-hailing industry is in the hibernating phase due to the COVID-19 impact. Nothing much has happened in the recent past except the adverse economic   impact of COVID-19 on the ride-hailing industry . But even in such a phase,  Uber  managed to grab everyone’s attention with its latest acquisition of U.K based company –  Autocab  which is known for selling SaaS solutions to private hire and taxi companies. Till now, the price of the acquisition has not been disclosed. Moreover, Uber has also declined to comment on the terms of the deal. This acquisition move is a crucial one for Uber as it helps them to expand their operations’ footprint in the UK. It’s important to note that currently, Uber is operational in only 40 towns and cities. Most UK towns except London have the presence of independent private hire taxi firms. In these towns, riders used to get a cab by making phone calls until very recently as the local taxi businesses lacked technological resources and infrastructure.

  COVID-19  pandemic is changing all our lives. This health catastrophe that has inflicted unimaginable destruction by causing the death of millions has also turned out to be a global economic disaster. This is mainly due to the preventive measures taken by authorities which include strict rules of social distancing and lockdowns that has adversely affected almost all the business sectors. However, even this gloomy scenario has a silver lining for a few businesses like  on-demand grocery delivery  and food delivery. There has been an unprecedented surge in the number of downloads of on-demand grocery apps around the world.  As per  Apptopia , grocery players in the US like  Walmart Grocery ,  Shipt , and  Instacart  saw a surge in their daily downloads by 160%, 124%, and 218% respectively.  Generally, these apps see tens of thousands of downloads, but after the imposition of lockdown Walmart Grocery and Instacart saw as much as 54,000 and 38,500 downloads respectively. READ MORE :  on-