Uber is one of the giant American corporations, and its mobile app allows consumers to arrange transportation using a smartphone. The Uber Technologies Inc. mobile app collects customer requests and routes them to nearby drivers who can serve them (with location information). So today we decided to look at the top Uber competitors in the market right now.
It was founded in 2008, and its headquarter is located in San Francisco. Uber is now operating in over 60 countries, thanks to the new technology and mobility of mobile connectivity. Uber riders are also required to use the Uber app when requesting rides.
Despite becoming a popular business venture worldwide, on-demand car services have found it challenging to stand out amidst an overwhelmingly crowded field. Like Sidecar- one of the last surviving on-demand ride services has stopped taking reservations or providing rides altogether. It employs more than 12 thousand people and is expected to generate sales revenue exceeding 6 billion dollars by 2016.
Lyft
Lyft is one of the main Uber competitors; it has been around for a while. Much attention has been drawn to Lyft since its creation in 2012. You’ll first need to download the app onto an Android smartphone and register using valid payment methods like credit card or PayPal before ordering your ride.
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Customers have easy access to rides from this company through more than 220 cities across Vietnam, the Philippines, Thailand, Singapore, and Malaysia. Like Uber, users can view maps on their smartphones which allows them to track their rides in real-time and set locations before riding. A confirmation page displays a driver’s name while previous passengers reviews appear on a map and offer photos of drivers’ vehicles and faces for reference when picking up riders.
The company Lyft is based in California and operates in 300 states. As of mid-2017, it has 18.5 billion rides per month globally, and its market value is 7.5 million dollars USD, and it is the most popular Uber competitor within the United States. However, it does not have the same global reach as Uber.
Curb
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We initially called “Taxi Magic” the Curb, but it later changed to Curb. It’s because the owner of Curb VeriFone Systems has currently altered the system’s name. Taxi curbsides are forced to use VeriFone’s entertainment systems and credit card machines since they also handle taxi payment services.
Via
Localized services, like Via in Washington DC, Chicago, Seattle, and New York City, localized services allow travelers to go the same direction to different destinations at a low cost. They can use these for maximum revenue to enable drivers to keep passenger costs low.
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Via is known for its localized service instead of Uber, which serves everywhere. When traveling, you are likely interested in saving money but not sacrificing the quality of your ride or driver’s experience.
DiDi Chuxing
DiDi Chuxing is one of the largest Chinese companies, offering various services like ridesharing. In 2015 alone, there were 1.4 billion DiDi Chauffeur’s, Didi Test Drives, and taxi-hailing journeys- a new record for this industry!
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The number of people who used these services was even high than other similar organizations in China. Uber recorded around 850 million rides from 2009 onwards- it took them six years to reach this level. Also, Kuaididache and Dididache merged to form what we know as DiDi today!
The company was worth 28 billion dollars in 2016, and it bought the Uber unit that year. Later that year, DiDi launched its new English-language app. The following year they reached a value of over 50 billion dollars with more than 100 investors on board – making them the most valuable company for 2017. DiDi is one of Uber’s major competitors in China due to its high number of Chinese customers.
Ola Cabs
Ola Cabs is a transportation company, both online and app-based. In 2010, Ola Cabs started as a taxi aggregator in Mumbai. Ola network stretches through India, Australia, New Zealand, and the UK (169 cities), with more than 100 thousand cars available each year. Its valuation exceeded $5 billion by the end of 2015.
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Ola is an Uber competitor; that offers numerous car services through its mobile application. Depending on your preferences, you can choose from luxurious or inexpensive cab service. The company accepts cash and digital payments, so you don’t have to pick between the two. In addition, Ola launched its rental and outstation services enabling users to rent cars by the hour or book taxis in advance.
With roughly 150,000 bookings every day, Ola is India’s number one Uber competitor. The company operates in over 110 cities and has a 60% market share for booking travel. She competes with Uber because she understands India far better than they do and uses her AI technology and other tactics to compete against them successfully.
Other local Uber Competitors
Uber lost its London licence and had 21 days to appeal the ruling made by TfL after finding 43 drivers had faked their identities. In response, it revoked the probationary license granted to Uber two months ago. But there are several public transport alternatives for all occasions like cycling or catching the bus or taking a local taxi and most offer fair prices too.
Here are some common Uber competitors.
Public Transport
Public transportation is a less costly means of traveling than taxis in most countries. You can take buses, trains and trams and ferries or any other means of transport. Public transportation differs in different countries: public and private companies manage it in Asia; the Municipal Council works it for North America, while cooperation between private and public sectors happens in Europe.
Public transportation is sponsored by national tax income in certain industrialized countries. Thanks to its membership association, the International Association of Public Transport (UITP), available in many big cities worldwide. Despite their low cost, most public vehicles still follow set routes when dropping off and picking up passengers despite their low cost. They are also at risk of injury or discomfort due to crowds on board. Uber taxis have solved all these problems!
Local Taxi
Lastly, Local Taxis are one of the main Uber competitors. Every major city has a taxi zone where locals wait for passengers. Traffic flows through the area, including stations, ferry terminals, hotel drives, and airports.
First-come-first-served is a policy in these zones of local taxis – the one who arrived first will get to be next in line. This rule doesn’t apply elsewhere; an incoming passenger can take any taxi they want out of all available on the scene.
Conclusion
Uber is a company with a complicated past that has survived sabotages, strikes, and discontents of the government. Providing people with quality services at affordable prices is urgent nowadays. Not all people can use the quality they want because it’s just impossible for them to do so often or without limitations – but Uber makes new perspectives and possibilities available to everyone who wants them!
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