Car Hire Apps Set to Reduce Singapore Taxi Fleet Growth
The entry of private car hire apps is causing ripples across the globe. The trend is now catching on in the taxi industry with flashy new entrants hogging the market share. Over the years, companies such as SMRT used to rule the streets of Singapore but this is changing with the entry of global powers that are leveraging smartphone technology. Global Phenomenon With over 94% of Singaporeans owning a smartphone, the entry of companies such as Uber and Grabcar taxi companies has excited the market. The companies have caused a global phenomenon but in Singapore, traditional taxi companies still […]
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