How Taxify Make A Stand In Estonia Against Uber?

Taxify an international transportation network company initially started as startup and now it is famous mobility service provider anywhere and anytime. Taxify develops and works with own interactive mobile app, which allows the user to request for a taxi or a private driver through it. It is one of the taxi apps that serve riders and drivers like other traditional firms, and stand against Uber, a famous ride-hailing company.

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Taxify — Worldwide

Taxify Estopian born transportation servicing network is also active in 25 countries and 40 cities in Europe, Africa, Central America and west part of Asia. As Taxify is spreading globally, its servers for 10 million customers and 500,000 drivers use this platform. They provide Android and iOS mobile web app and let customer order cab online easily with simple steps that is a request for a cab by giving location, ride to the destination place than pay and rate your riding experience.

Taxify Fundings

Uber’s European rival Taxify wins unicorn status by raising funds of $175 from the group of investors, led by German vehicle manufacturer Daimler that takes it is valuation to $1 billion. Daimler is an automotive giant that owns Mercedes Benz. Taxify plans to deploy the capital amount to develop its technology and to make further expansions in Europe and Africa. A key moment from Taxify gets another investment from Didi Chuxing, the Chinese firm, that removed Uber from China by acquiring Uber’s China business. The latest investment od Didi to Taxify is of eight-figure US dollar funds for expansion purposes

Taxify Stand Out

Taxify is the popular ride-hailing company, worth of $1billion. It is started in the year 2013 and reached the peak in a short span. Let’s see how Taxify stands out and compete its behemoth Uber.

• Taxify offers a reliable ride with both licenced taxis and private taxis. Currently, they have 80% of licensed drivers and 20% private drivers.
• Private drivers get more benefits with Taxify, by taking just a few rides.
• Taxify goes with legislative rules of Estonia easily.
• Taxify offers several payment options like cash, card, mobile operator billing, corporate agreements.
• Promotional 50% discount in the first month for riders.
• Taxify takes away approximately only 10% to 20% from drivers earning, whereas in Uber it is 30%.
• Uber has a limitation on specific areas which makes the service only available in selected parts of the country whereas Taxify tends to offer rides fully in and around the city.

For other taxi companies — Taxify is a tool for taxi companies, where it can help them to adapt to new modern technologies, increase number of rides and increase fleet efficiency by connecting closest drivers to the clients. It should result in faster pickup times, less fuel consumption, higher income for drivers.

Taxify Entrepreneurs — Mobility Network Services:

Entrepreneur of Taxify says that “ we realised the need for ridesharing platform is bigger in Africa, In Europe car penetration is high, public transport is good. In Africa, in most cases, this doesn’t display to all”.

The proprietors describe the market for the ride-hailing business as a “room for us to grow 100 times” also added that “demand for ride-sharing could rise globally 10-fold in the next decade, that’s why we see so much potential and so much funding ”. He shares about the space for mobility sharing business and shows Taxify potential to stand again Uber.

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