How Much Does It Cost to Develop The Ride-Sharing App Like Grab?

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How Much Does It Cost to Develop The Ride-Sharing App Like Grab?
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“This blog is for the Entrepreneurs or Startup owners, who want to solve real-life problems and serve this human community with the help of technology. In this article, we have covered the important features of Grab, the Singapore-based ride-sharing application.”

“Taxi!!”, this statement that you may have noticed that nobody says right now in order to struggle to hire a cab. The old trend is broken now. It has been shifted to Push notification like “Your Booking for Taxi has been Confirmed!” that you usually receive after booking a cab or taxi. Since the time has changed a lot.

Being a regular customer of popular taxi booking apps like Uber, Lyft or Grab, you may feel that you do much rely on these taxi booking apps rather than the driver whom you know for several years. For the sake of quick & professional taxi service without spending a fortune, everyone loves it’s taxi booking apps like Uber.

According to the recent report of Uber, in the year of 2017, the number of customers has reached to $40 million per month.

The Uber’s fast growth and success are directly proportional to decrease in traditional taxi usage. From the following graph, we can clearly understand that people are getting used to a mobile application to book any taxi, instead of direct booking.

uber-taxi-car-rental

When it comes to the U.S market, Uber & Lyft (Uber’s competitor) have already set up their benchmarks. Similarly, in Asia, Grab is sharing the same status like Uber. And, undoubtedly, it will soon compete for Uber-like apps in taxi booking services. Furthermore, Grab is recognized as reliable taxi booking app in Asia and known as GrabTaxi by Techinasia. Grab announced on their official website, it hits the 1-billion milestone on 26th Oct 2017.

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Undoubtedly, this data from Grab seems fascinating for those who are planning to develop a taxi booking app like Grab.

Grab’s Overall Growth

Emerged in 2012, Singapore-based ride sharing app – Grab is excelled to deliver seamless transportation services in 55 cities across Southeast Asia.

  • “In the year of 2016, Grab app has been downloaded over 45 million devices”, according to the report.
  • Grab is going to invest up to US$2.00 billion to lead Grab’s current financing round.
  • Also, Grab will raise the additional US $500 million, and GrabTaxi is the largest single financing in Southeast Asia.
  • If we talk about Grab’s growth, then it is worth mentioning that according to Fortune report, “GrabTaxi drivers has 2,00,000 in Southeast Asia in the year of 2016.”
  • The Unicorn ride-sharing company, GrabTaxi has raised $1 billion in Corporate round of funding led by Toyota Motor Corporation on 13 June 2018.
  • When you check the Similarweb, you will notice the overall usage of the Grab is dramatically increasing.

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  • The ride-hailing app, GrabTaxi is also claimed to have 2 million driving partners, 68 million mobile app downloads, and 3.5 million daily rides in 2017.
  • The Southeast Asian Uber rival, Grab has jumped into the bike-sharing space after it launched a service in Singapore. According to the report from TechCrunch, “Grab has already launched its bike-sharing service in Southeast Asia ”. The new Grab’s bike-sharing service is known as GrabCycle Beta will offer services, including bike-sharing services oBike that includes Grab as an investor, GBikes and Anywheel, plus e-scooter rental Popscoot.

There’s no room for doubt in that the dockless bikes have already their fans for making access to bikes easier. However, Grab has also decided to jump into the category of parking stations for bikes. The company also plans to add other partners to help to avoid polluting public spaces with bicycles.

What Makes Grab Stand Out From its Competitors like Uber, Lyft and Careem?

You may be aware of all popular ride-sharing apps like Uber, Lyft and DiDi Chuxing. Nevertheless, GrabTaxi includes some essential attributes, which make Grab app stands out.

It provides many other services such as budget taxi, executive taxi, GrabCar, GrabHitch. As it allows users to choose from best options according to budget and requirement. On the other hand, Uber have UberX, UberXL, and UberBlack options.

1. Grab Provides New Driver’s Experience Feature – Better 365

In order to improve driver’s experience, Grab Launched a campaign, which is named as ‘Better 365’. This feature is designed to work in four ways like better support, increased earnings, efficient tools, and strong community.

Basically, it is designed to work on the welfare of driver partners of Grab. On the other hand, you would not find out this characteristic on other ride-hailing apps like Uber.

2. Pricing

When it comes to pricing, GrabCar charges the lowest fare to customers as compared to Uber and other taxi services. Check out this graph by Value Penguin.

uber-price-vs-grab-price

3. Grab Simplifies Driver’s Incentives & Earning Trackers

GrabTaxi app has a feature for ensuring safe and rewarding driving experience. They can access in-app training videos and quizzes. Also, driver-partners can earn points after completing the quiz, and also they can be redeemed for special rewards.

4. Grab Provides In-app Training Videos to Safe & Rewarding Experience

GrabTaxi app has a feature for ensuring safe and rewarding driving experience. They can access in-app training videos and quizzes. Also, driver-partners can earn points after completing the quiz, and also they can be redeemed for special rewards.

5. Others

Grab allows providing advance taxi booking system up to 7 days. The user can also select starting point, dropping off point, and can choose whether travel is personal and for business reasons.

The Main Features of GrabTaxi App

Apart from this, there are main features of GrabTaxi mobile app, which are worth mentioning here for developing ride-sharing app like Grab.

1. The Diverse Range of Car & Taxi Options Available in Grab

Yes, that’s true! As we’ve already mentioned that GrabTaxi app offers a diverse range of options in order to hire a cab instantly. Grab does provide the different options in choosing car & taxi type according to user’s requirement and budget-

  • GrabCar: This concept of service is basically designed for everyday needs of the user. GrabCar includes three categories further like
  1. GrabCar (Premium)
  2. 6-Seater (Economy)
  3. 6-Seater (Premium)

In terms of ride and car options, GrabCar offers a great deal to the customers.

  • GrabTaxi: In this, GrabTaxi service pairs with licensed taxi services only. You as a user can book professional and licensed taxi through the GrabTaxi app. It also provides flexible payment options to users. In this app, users have highest chance of booking a taxi coupled with a short waiting time. The service, GrabTaxi includes three taxi options further:
  1. Standard Taxi
  2. LIMO Taxi
  3. Electric Taxi

electric-taxisImage Source: Grab

  • GrabHitch: A social ride-sharing option by Grab as it allows to book a cab at the lowest price. It works only by connecting user with one another driver if the driver is going to in the same direction. GrabHitch has a longer waiting time as compared to other two services i.e. GrabCar and GrabTaxi.

2. Licensed and Insured Drivers

Whether you choose GrabCar or GrabTaxi option, Grab assures their customers to provide with the licensed and insured drivers with safe driving experience.

How Much Does it Cost to Make a Transportation Application Like Grab?

One of the most important questions is – how much does it cost to make an app like Grab? Let’s face it. Well, in order to provide the estimated hours and costs, we contacted our dedicated Uber like app development team, which has developed more than 50 cab service solutions like Uber. They have provided us this basic price idea. Still, if you have any idea or want to get an exact quote, you can directly contact our team by filling a form at the end of this article.

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So here are the estimated hours if you are planning to develop an app like GrabTaxi. Although, it all relies on various factors, including platforms Android & iOS. Plus, above-mentioned hours do vary from developer to developer, which you will consider to hire mobile app development company. However, we’ve described the hours in one of the best ways possible.

Still, you may have query or confusion related to the cost to develop ride-sharing app Like Grab along with complete features, all you need to get in touch with us via the below-given form, and we will revert you within 48 hours.

 
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