Two new ride-hailing platforms set to launch in Singapore in 2025
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Two ride-hailing platforms, namely Geolah and Trans-cab Services, will begin operations in Singapore next year.
They have received one-year provisional licenses that allow them to provide ride-hailing services, the city-state’s Land Transport Authority said on Monday.
The new brands will join the five other ride-hailing platforms currently on the market, namely Grab, Ryde, TADA, Gojek and CDG Zig.
Trans-cab Services, established in 2003 in Singapore, is the city-state’s third-largest taxi operator with a fleet of 2,079 taxis as of October, trailing Comfort (6,388) and CityCab (2,136).
A Trans-cab spokesperson informed The Business Times that the company is preparing to launch its ride-hailing platform, which is “nearing completion,” without announcing a specific launch date.
Geolah, founded in 2020, is a Singapore-based mobility platform powered by artificial intelligence. Its smartphone application of the same name will offer ride-hailing services in addition to its current limousine bookings and parcel delivery services.
Its smartphone app, also named Geolah, will expand to include ride-hailing services alongside its existing limousine booking and parcel delivery options.
The company stated that it operated in a “beta phase” for two weeks last February and now has 900 registered drivers.
Questions & Answers
Q.What is the primary business of Trans-cab Services before launching its ride-hailing platform?
What is the primary business of Trans-cab Services before launching its ride-hailing platform?
Trans-cab Services is Singapore's third-largest taxi operator. As of October, it managed a fleet of 2,079 taxis in the city-state.
Q.How many other ride-hailing platforms are currently operating in Singapore?
How many other ride-hailing platforms are currently operating in Singapore?
There are currently five other ride-hailing platforms already on the market in Singapore. These include Grab, Ryde, TADA, Gojek, and CDG Zig.
Q.What additional services does Geolah offer besides ride-hailing?
What additional services does Geolah offer besides ride-hailing?
Geolah currently offers limousine bookings and parcel delivery services through its smartphone application. It will expand to include ride-hailing services.
Q.When did Geolah conduct its beta phase and how many drivers are registered with them?
When did Geolah conduct its beta phase and how many drivers are registered with them?
Geolah operated in a beta phase for two weeks last February. The company currently has 900 registered drivers.
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