Two new ride-hailing platforms set to launch in Singapore in 2025
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.