2018 hasn’t been the greatest year for public transport in Singapore. Singaporeans are bearing the brunt of having one less major ride-hailing app in the local market. How? Monopoly. (not the board game LOL) Owning most of the market share while having little competition means you can do anything and get away with it. (ok, maybe not ANYTHING but you get the idea)
Here are some examples of what companies can do in the taxi industry when there’s little competition.
1. They set the prices. And there’s little you can do about it because they know you need their service. Competition is what keeps prices competitive and lower.
2. Some annoying restrictions. For example, not being able to cancel your bookings because of the penalty it may incur.
3. Poorer services such as waiting time exceeding the estimated time for booking to arrive; unable to get a booking despite the number of drivers in the vicinity and greatly reducing their customer benefits.
It doesn’t just hurt customers but drivers too! Some examples include taking a larger cut from the drivers’ earnings and cutting incentives.
Sounds familiar? Partipost understands your pain and frustration which is why we have something for you!
TADA (literally translates to ‘Let’s Ride’ in Korean) is a new app hailing ride in Singapore. According to Today and CNA, more than 9500 drivers have signed up with TADA and they have delivered nearly 50,000 bookings! That’s quite a feat considering how new they are in the local taxi scene.
What’s special about TADA?
1. The app runs on block-chain technology! (Complicated stuff but all you need to know is one of the benefits for drivers and riders are the cryptocurrencies you could accumulate through the app that can be used for transactions!)
2. They charge drivers 0 commision which means drivers get to take home 100% of their earnings.
3. No cancellation penalties!
4. Cheaper rides! Riders who were interviewed have noted that prices could be up to 2.5 times cheaper than rides provided by other ride hailing apps/taxi companies.
How will this make taxi great again?
By making TADA one of your travel options, YOU directly affect competition between ride hailing apps and taxi companies. More competition = No monopoly = Lesser or none of the negative things mentioned earlier.
Give TADA a shot today. To spur you on, Partipost](https://partipost.app.link/TADA-Blog) is running a campaign with TADA right now. All you have to do is take a ride with TADA and snap a photo of yourself in the car. Earn extra cash while taking a cheaper ride!
