Taxis have been a regular transportation choice for people to get from point A to point B. And now that smartphones are owned by the majority of people around the world, there is now a whole new bunch of ridesharing and car pooling apps launched – changing the way people hail and share taxi rides.
Now, you might have probably heard about the two best ride sharing apps – Uber & Lyft. Both these ride-sharing companies have earned carloads of money. In fact, Uber even got into a number of on-demand businesses such as UberEats(Uber for Food), Uber for Helicopters, UberBOAT and now it is also getting into credit card business. Yesterday, on 26-Oct-17, Uber announced its partnership with Visa and Barclays at Money2020 Conference in Las Vegas. The new Uber Credit card is supposed to give another access to valuable customer information to understand their users’ behavior more deeply.
While Lyft, on the other hand, just beat Uber in New York, leads to $1 Billion round and reached half billion rides. With this, the giant ride sharing service Lyft is now worth $11 Billion.
Given this explosive growth, it’s common to think that it’s impossible to win against such big giants in the industry. But the fact is, It could be done. In fact, It has been done by many entrepreneurs by just hiring a dedicated mobile app development company for carpooling app development. And in this blog, we’re going to list top 5 carpooling and ridesharing apps, other than Uber & Lyft, which are doing exceptionally well in the same taxi app industry – kind of Uber alternatives.
Juno is a ridesharing app based company which is currently at start-up level, but even though the company is small, it still manages to facilitate a number of offers to its users. In fact, Juno has planning to facilitate much more advanced features in the forthcoming generation for users according to their demand.
The Juno, as a matter of fact, offers 30 percent of special offers and additional desired facilities to its riders for a limited amount of time. And the reason why Juno is doing well in the competition is because Juno takes a smaller cut off every ride – Just 10% compared to Uber’s 20-25%, which is Juno’s part of strategy to attract and attain new customers.
However, In April 2017, the On demand ride service ‘Gett’ acquired Juno for $200 Million. This clearly indicates that despite the fact that Uber & Lyft have larger user base, there is still room left for others to establish a new ride sharing startup.
Gett, another ride sharing app based in London, was used to call as GetTaxi in its early days, and the company also allowed commuters to carry goods and services with them. However, today the Gett is available in more than 100 countries around the world. And the recent acquisition of Juno clearly shows that Gett is ready to take on to the industry’s both giants.
In fact, Volkswagen, Europe’s largest car maker, invested $300 Million in Gett last year. This helped Gett to expand their services to more countries to compete with their competitor Uber in international market. And unlike Uber, Gett is surge-free, which gave them a huge advantage over Uber and it’s one of the reasons why Gett was able to stand in the competition.
Ola is also one of the giant ride hailing and sharing service which is currently competing with Uber in India. The riders, while travelling in this transportation service, also have access to use free Wi-Fi to their riders.
The Ola cabs, similar to other ridesharing services, are accessed through its own ride sharing app and it has nearly 4,50,000 vehicles to travel all around India. This ride sharing startup is one of the fastest growing taxi app companies in competition with Uber, and now it also started facilitating auto rickshaws and bikes. In fact, the company has recently raised $1.1 Billion led by Tencent to further fuel its battle with Uber in India.
Launched in 2011, Ola currently providing services in 110 cities across India, with around 125M registered users. Now this India based taxi service provider is all set to expand its business in Australia, as recently, Ola declared that it has started providing services in Australian cities Sydney, Melbourne, and Perth with recruiting its drivers.
BlaBlaCar is yet another transportation service that follows the carpooling technique to reduce traffic issues in the cities. In simple words, the world’s leading carpooling startup pairs people travelling between cities and drivers with empty seats in their cars.
This French startup is a global leader for long-distance carpooling and is worth around $1.5 Billion. Furthermore, this service is currently accessed by people from 22 countries. Now, if you’d like to know how BlaBlaCar survived for 10+ years and became one of the leading carpooling service, you can read our blog – Lesson From BlaBlaCar’s Success Story to Build a Million Dollar Ride Sharing App Startup.
Most ridesharing app startups put their own cars in different areas of a city so that the riders who needs to hail a cab can just book on mobile app and go. But GetAround choose to operate differently. It is based on the idea of people sharing their own cars with strangers (riders).
Think of GetAround as Airbnb for cars, the service which lets people rent out their own cars, instead of homes. In simple words, GetAround enables users to rent out their cars to strangers. And those who are willing to share their cars pay $99 to GetAround for installing a device that can unlock their vehicle in their smartphone app. In addition, they also put a pouch in which owners places their keys. And to rent cars through GetAround, the owners also have to pay $20 monthly fees to be connected with GetAround’s network.
The Car owners can rent out their cars for hourly rate which starts at $5 and can be higher depending upon the GetAround’s recommendation.
But does that even work?
Do people really rent out their cars on GetAround?
We know that these are the common question that everyone have, but to this the Sylvano Carrasco, GetAround VP or Hardware, said “We’ve lot of people who say – ‘I can’t do this. This car is my baby’ – but once they see checks coming in, they plan to rent their vehicles as longer as possible.” In fact, GetAround even raised $45 Million in funding this year from Toyota to build more partnership.
As you can see, most of the ridesharing and car pooling app startups are doing exceptionally well, despite heavy competition from Uber & Lyft. In fact, there are a list of top ride sharing companies such as Cabily, Hailo, ZipCar, and others who have also established a huge network for their services. The point is, if you’re thinking that there is no chance you can now establish a ridesharing app startup like Uber or Lyft, then you could not be more wrong, because we just saw successful examples and there are many more there.
So, if you’ve an idea or want to build an Uber clone and establish your own taxi app business, you can contact us with your requirements, and we’ll help you become yet another successful taxi app startup, even in this heavy competition.
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