If the ComfortDelGro-Uber deal is allowed, the market will revert to its David-Goliath imbalance. But unlike the biblical outcome, Goliath almost always wins in any marketplace.
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In the wake of ride-hailing services, some like Audi have started offering short-term rentals.
Singapore’s largest taxi operator ComfortDelGro will launch a dynamic pricing system for its 13,600 cabs from Jan 19.
Private-hire car drivers are a likely reason why Singapore’s petrol consumption is on the rise, despite the vehicle population shrinking, say experts.
Singapore is set to consume a record 6,453,600 barrels of petrol this year, according to oil industry data.
Five other taxi firms already offer dynamic pricing for bookings made with Grab app.
The Competition Commission of Singapore (CCS) is considering developing a platform to help motorists compare petrol prices.
oBike announced that it will be partnering blockchain platform Tron to officially launch oCoins in the first quarter of 2018.
LTA, town councils, NParks and bike-sharing operators signed an agreement to implement geo-fencing technology.
Faced with competition from private-hire firms, taxi operators threw in their lot with these operators that threatened to eclipse them.