Ride-Sharing Around the World

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You may already be familiar with Uber, the popular rideshare service in the U.S., but did you know there are many other rideshare companies just like Uber all around the world? Check out these many different rideshare applications to learn more about what services they have to offer and how they may differ from Uber!

 

 

Uber 

In the United States, Uber is the largest player in the rideshare industry, supposedly valued at over $50 Billion! Uber was founded in 2009 in San Francisco, California, and is currently available in hundreds of cities across the world.

The Uber app is available on your smartphone, and its platform connects passengers with available drivers through GPS capabilities, and alerts the passenger what time the vehicle will arrive. All payments for the ride are processed through the app. Uber takes a percentage of the ride fee, while the rest is automatically deposited to the driver.

Uber X is the standard version of the service, however there are also services such as Uber Black and Uber SUV, which provide a higher quality vehicle, and larger vehicle, respectively. Uber Pool is another service that allows riders going in the same direction to share a ride, and split the cost.

Uber drivers are independent contractors of the Uber, and they drive on their own time. Uber drivers are not licensed taxi drivers, however, there is an Uber Taxi service (the uber app hails you a standard taxi) that has been tested in multiple cities. The availability of this feature is dependent on local regulations.

To estimate your Uber ride check out UberFareFinder.com

 

 

Lyft

Lyft is a rideshare service very similar to Uber. Also founded in San Francisco, Lyft is one of Uber’s biggest competitors in the US market. Lyft is not available in as many cities as Uber, but it is still very prevalent around the world.

Lyft is also an on-demand service through a smartphone app, with drivers who are paired with passengers looking for a ride. The payment method is identical to Uber’s. Like Uber, there are different services such as Lyft Plus and Lyft Line. Lyft Plus is a six-passenger ride and Lyft Line is the carpooling service similar to Uber Pool.

There are currently no features on the Lyft app that allow users to request a ride from a licensed cab.

Recently rideshare companies such as Didi Kuaidi, the rideshare giant in China, have been investing in Lyft in order to stand strong against Uber.

To estimate your Uber ride check out LyftFareFinder.com

 

Didi Kuaidi 

In February of 2015, Didi Dache and Kuaidi Dache, two of China’s largest taxi-hailing services, merged to create a world leading smartphone transport service.

Didi Kuaidi is different from US-based services like Uber and Lyft in that it connects different taxi services to passengers looking for a ride. They provide three different ride requests: on-demand, pre-reservation, and airport pickup. When a passenger requests a ride, they can either request an on-demand ride (similar to Uber and Lyft), or book a ride ahead of time. This reservation capability is not available for Uber and Lyft.

 

 

Hailo

In Ireland, Hailo is a smartphone ride-hailing app that works very similar to Didi Kuaidi. Hailo is a taxi-hailing app, different from the private car hires of Uber and Lyft. Nearly all of Dublin’s taxi drivers now use Hailo and similar to Uber, they are only charged if they get a fare request. Drivers of Hailo can also chose to drive at their convenience, as there are no weekly or monthly requirements.

Hailo was launched in Dublin 2 years ago, and it is the most popular service in Ireland. The company charges 12% commission, and the payment process is identical to Uber and Lyft, where you pay by credit card through the mobile app.

Hailo+ or HailoBlack are services also offered to passengers. Hailo+ is for larger vehicle requests, and HailoBlack is the same idea as Uber Black, which gives a more luxury experience than the standard Hailo car.

One of the main differences between Hailo and Uber is that Hailo allows a pre-selected tipping option for customers. With Uber, there is no platform where you can tip your driver. Hailo also allows passengers to pre-book rides, similar to Didi Kuaidi.

 

 

GrabTaxi 

In Singapore, an app called “GrabTaxi” is the main player in the industry, and it is a taxi-hailing app that aims to improve the local taxi markets by introducing a simple and easy way for passengers and drivers to capitalize on matching supply and demand. This mobile app, similar to those discussed previously, relies on technology to match taxi drivers with passengers.

GrabTaxi was founded in June 2012 in Malaysia, and it currently serves 26 cities across six countries in Southeast Asia.

GrabTaxi started out connecting its users with licensed taxis, but it has since expanded to cover Uber-style private cars. They have also introduced a motorbike taxi service in Vietnam, Indonesia, and Thailand. The company stated that they currently have 110,000 drivers on their platform with 11 bookings made per second.

 

 

Ola 

Ola is another taxi-hailing app that exists most prominently in India, holding around 60% of the market share of taxi-hailing services there.

Passengers first are prompted to enter their current city and destination, but unlike other apps, it does not automatically pair you with a driver and car. The app then searches available taxis in your area, and provides you with a list of results and prices of different cars from different operators. You are able to view ratings of operators, and then chose which operator you would like based on your preferences.

You can request a ride on-demand, or you can also reserve your ride ahead of time. Ola accepts both cashless and cash payments upon delivery. With Ola, you will not be surprised about the fare you have to pay because all of their pricing is listed on their website.

To estimate your Uber ride check out OlaFareFinder.com

 

Felicia is an intern at Unleashed, LLC. She is from upstate NY, and is currently pursuing a Marketing degree at Bentley University. One day she hopes to travel the world and visit every continent. 


Taxis vs. Rideshares: An Industry Depicted Through Graphics

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Following and staying updated on the Rideshare/Taxi Industry is exhausting! Every ride-hail company is trying to get their piece of the pie and it is causing a lot of confusion for riders.  Furthermore with the introduction of new ridesharing app-based services every day, finding the best transportation choice has become a lot more complicated than just waving your hand and hailing a cab.

To help make our fans lives a bit easier, we have compiled our most helpful rideshare and taxi infographics in one blog post. Whether you are still learning about Uber and Lyft, are curious which company is cheapest, or are eager to learn which airports your should avoid taking taxis from, there is an easy to view infographic waiting to show you!

 

Your Rideshare App Guide

New to Ridesharing? “Your Rideshare App Guide” is the go to place to learn everything there is to know about the many new rideshare companies that have emerged onto the transportation scene in the last few years.

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Uber VS Lyft VS Taxi: A Price Comparison

Trouble navigating the world of rideshares, taxi services, and other transportation options? Using RideGuru, we have broken down the costs of two of the major rideshare services, Lyft and UberX, and traditional taxi services. The costs of these three transportation options are compared in five major cities in the United States. Ride on!

 

The Ups and Downs of the Medallion

The taxi industry has been going through much turmoil in recent months; from dropping medallion prices to rideshare protests to job losses. Take a look at this TaxiFareFinder infographic that outlines the rise (and recent fall) of medallion prices in New York City. The sharp decrease is thought to be caused by rideshare services, so it will be interesting to see the final outcome for medallions, the taxi industry, and the rideshare industry.

 

Catch A Ride: Costs From 20 Major Airports to Their Respective City Centers

One of the first impressions of a new city is the taxi ride taken from the airport to the destination, generally to a hotel or event in a city. This initial taxi ride can set the tone for a trip – the ride can be a quick breeze or a long, expensive nightmare. The TaxiFareFinder team has compiled information from taxis around the world to help travelers be prepared with the knowledge of what to expect when traveling to twenty of the largest airports.

 

How Do You Ride?

Which Rideshare company is your favorite? Do you switch between companies or are you loyal to one? We surveyed over 300 riders on our site to find these answers and highlight some common trends.

What Ride is Best for You?

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Need a ride? All the options available at the touch of a button can be overwhelming — Uber, Lyft, Sidecar, the rideshare services seem endless. Let us help you! Answer a few simple questions and let TaxiFareFinder lead you to the best ride option for you.

 

Looking for a one-stop price-checker to better sort through your options? TaxiFareFinder has released a convenient Uber, Lyft, Taxi Comparison Calculator, RideGuru, to give you the power to discover the least expensive transportation option in your city. Through TaxiFareFinder’s RideGuru tool you can compare options and choose your ride based on price ahead of time. This way, you are always in control and aware of the final cost. Be prepared and get where you need to go!

Which Service is Cheapest?

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New types of transportation options seem to be popping up daily, each promising to be the cheapest and best way to get around your city. Rideshare services like Uber, Lyft, and Sidecar are now viable, established options in the majority of larger cities in the United States. To help you determine which rideshare service can actually be your cheapest choice, we used RideGuru to calculate the cost of a consistent 4-5 mile ride in ten major US cities. The infographic below shows the service with the lowest price for the specified distance and the top two runner-up companies. Now you can know how your chosen rideshare service compares and ranks from a price perspective.

Variable factors such as surge pricing, inclement weather, and heavy traffic are not taken into consideration in the graph below. For simplicity, traditional taxis were not included in this comparison.

 

How to Use RideShare Apps (Video)

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New to rideshares? Not sure how to sign up and call one? TaxiFareFinder created this helpful video to show you how to download the app, sign up, and start using rideshares like Uber and Lyft. Happy Traveling!

For more information on rideshares, make sure to check out our helpful Rideshare Guides. (http://www.taxifarefinder.com/rideguru)

How to Take a Rideshare

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Rideshare services like Uber, Lyft, and others are a growing trend and constantly making headlines. However, the concept of rideshare services is still new and unclear for many riders out there. TaxiFareFinder has created a basic, generic explanation of how to take advantage of these new service offerings; our walk-through of how to take a rideshare applies to all services out there, although the app details and interface may differ. Ride on!

  1. Download chosen rideshare app from the app store.
  2. Create an account. Enter your email address, phone number, and credit or debit card information. Be sure to enable location services when the option appears, as this will allow for more accurate GPS capabilities when requesting a ride.
  3. Fill in the details. Once you have completed account creation, you are ready to take your first ride. You will need to set your pickup location; an address will be auto-populated based on your GPS location but double check to make sure that it is accurate. You can input an address manually if it is incorrect. Next, you will need to choose which level of service you want. For most apps, you are able to choose different types of services based on vehicle type, size, and cost. For example, Uber offers several options including: low-cost uberX, larger-vehicle uberXL, and premium Black Car.
  4. Request your ride. Once you submit your request, a nearby driver is notified of your pickup location. A time estimate will be provided and you will be able to watch your driver arrive utilizing their GPS location. All details surrounding your driver and ride will be provided, including: driver photo, contact information, vehicle make, and license plate number.
  5. Enter your end destination. Input the address of your final destination while you wait for your ride to arrive. This will save time and provide a route ahead of time.
  6. Enjoy your ride. Locate your ride and hop in the vehicle. The GPS will provide the driver with a route, but you are able to suggest a better way if you wish to. Once you arrive at your destination, simply exit the vehicle. You do not need to pay the driver or tip; cost will be taken out of your debit or credit card automatically. Expect to receive a receipt via email with a breakdown of the ride, including fare and route explanation.
  7. Rate your experience. You will be prompted to rate your driver after each ride for most rideshare services. If you had a bad experience, you can express this using the star rating system and also by writing a note to the company. Most companies take complaints very seriously and will respond quickly to any negative feedback.

A few notes for those unfamiliar with rideshare apps.

Surge pricing is a term necessary to understand, as this could seriously hurt your wallet. At times of high demand or severe weather conditions, fares are increased to provide an incentive for more drivers to get on the road. The rideshare app will notify you of the surge when you request a ride. The total cost of your ride will be increased by a multiple or a percentage of your total fare, depending on the app. For example, Uber uses multipliers, 2.5x the normal fare, while Lyft uses percentages, 150% of your fare.  You can choose to wait out the time of high demand, when fares return to normal, non-surge pricing, or choose to pay the inflated price.

Ride Cancellations have fees associated unless completed in a defined timeframe. Although it varies from app to app, the cancellation timeframe for most rideshare services is within five minutes of requesting.  If the ride is not cancelled within this timeframe, a fee starting at $5 will be taken directly out of your account on file. However, if the driver gets lost or exceeds the original arrival timeframe, you may also cancel without repercussions.

Cash transactions should never occur when using a rideshare service. It feels strange to not leave a tip, as this has been customary with taxi rides, but never feel pressured to leave a tip. Driver compensation is factored into the fee that is withdrawn directly from your account on file.

A Beginner’s Guide to RideGuru

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Uber vs Taxi: Price Comparison

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With many new transportation options becoming available in cities around the globe, determining the best option is becoming more of a challenge. Rideshare services, various types of livery services, and traditional taxis are all available to the city dweller. These transportation options can be overwhelming and hard to decipher especially when you are looking for the most cost effective way to travel. To make things easier, TaxiFareFinder has compiled the pricing data for three of the most popular transportation services: UberX, Uber Black, and traditional taxis.

  • UberX is a rideshare service where individual drivers use their own vehicles to pick-up riders on demand.
  • Uber Black is a more premium option, similar to a limousine service, where a private driver picks you up in a high-end vehicle.

Our infographic displays the typical price across UberX, Uber Black, and Taxis for a three-mile ride. The darker, solid part of each bar in the graph shows the range in price when traffic delays and other unexpected events are taken into account.

The data shows that UberX is traditionally cheaper than customary taxis, and Uber Black is generally the most expensive option for riders, depending on the city. Price trends show that ridesharing services are the least expensive, followed by taxi services, and limousine-like services rank as the most expensive.

Please keep in mind this infographic is a comparison on the price alone.  Before choosing a ride, consumers are encouraged to consider different factors and characteristics of each service.  For example, Uber Black provides you with high-quality comfortable rides, while Taxis provide you with a piece of mind of enforced safety regulations. Also please note that the ranges in the infographic do not take Uber surge pricing into consideration which could increase the Uber range significantly depending on time of day and day of the week.

 

Looking for a one-stop price-checker to better sort through your options?  Check out TaxiFareFinder’s RideGuru tool; a rideshare vs taxi comparison calculator that let’s you discover the least expensive transportation option in your city.

For a full list of rideshare (uber, lyft, etc) services and cities that we support click here.

Hailo Gives up on North America

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The tough competition between rideshare companies has finally caused one startup to quit the race.

Hailo, the three year old taxi-hailing start up from the U.K., has decided to leave the North American market only two years after the app was first introduced in New York City. According to Hailo the repeated costs of struggling to compete against big name companies, such as Uber and Lyft, caused the company to finally abandon the North American market. The aggressive pricing and marketing tactics seen by Uber, Lyft, and other various ride sharing services during the past year has made the “taxi start-up” industry a very hostile place to grow a business. Hailo now plans to solely concentrate on offering its services in other markets internationally, particularly in Asia and Europe. However, the company will still face stiff competition from rideshare companies elsewhere in the world.

To read more on why Hailo failed to compete in the United States and Canada visit fortune.com.