Market Share of Taxi Industry
Some of the major players in the taxi market include Uber, Grab, Lyft, and Ola. Uber's main strategy to expand its business is to focus on upcoming technologies like automated driving vehicles.
- In March 2021, Chinese ride-hailing company DiDi Chuxing started operations in South Africa and announced its plans to launch its ride-hailing services in the United Kingdom, France, and Germany.
The key players in the industry are investing hugely in technology. Uber and DiDi Chuxing are working on self-driving cars to enhance the customer experience. In India, there has been a surge in the number of customers opting for outstation services. Thus, Ola, Meru, and Prydo are offering value-added services to their customers at very competitive prices. Ola partnered with Apple Music and other music and video streaming services for its prime play service.
Taxi Market Leaders
Uber Technologies Inc.
Lyft Inc.
Didi Chuxing
GrabTaxi Holdings Pte Ltd
ANI Technologies Pvt. Ltd (Ola)
*Disclaimer: Major Players sorted in no particular order