Home News Featured News Grab: Is ‘The Competition’ competition enough?

Grab: Is ‘The Competition’ competition enough?

Author

Date

Category

- Advertisement -

Grab’s competitors, Ryde and Jugnoo, have been in town for slightly under a month. TISG checked in to see how they have fared thus far, especially in waters dominated by Grab.

When asked about general updates on Jugnoo’s progress, their CEO and Founder, Samar Singla said that they “have been pleasantly surprised on the reception to the product”.

“We have 1000 drivers who signed up, 500 have been approved. 6000 customer signups so far. Better than our expectations”, he added.

Terrence Zou, Founder and CEO of RYDE Technologies, said that Ryde has “made carpooling a success for the first time in Singapore. RydeX, its latest private-hire service, has also generated encouraging results with more than 10,000 successful matches within 2 weeks after launch”.

- Advertisement -

While Terence advised on their global statistics, he did not comment on their numbers in Singapore.

Meanwhile, Grab is back with their exorbitant fare hikes and inconsistencies when it comes to using the app.

Early Monday morning, a ride from Block 77 of Marine Parade to Yio Chu Kang road saw Grab fares going as high as SGD 41, while Ryde was only at SGD14.30 at the same time.

 

However, on the Grab app, if the ride was booked from Block 78 of Marine Parade to the same point in Yio Chu Kang, the fare came up to SGD17 only. Rather confusing. For android users as well, the Grab app was unable to show local roads even with an address keyed in, where the default map was the world map. It is not clear if these issues have been rectified.

When it comes to pricing, at this point, Ryde and Jugnoo seem to be a lot more reasonable, with Jugnoo even applying for a patent on their reverse-bidding pricing system.

While Ryde and Jugnoo still seem a little young and inexperienced in the market, progress is still progress.


obbana@theindependent.sg

Send in your scoop to news@theindependent.sg 

- Advertisement -

Pritam Singh: Many Singaporeans feel CDC mayor salaries of S$660,000 annually are “outrageous”

Speaking in Parliament on Wednesday (Feb 24), Leader of the Opposition Pritam Singh said that many Singaporeans are of the view that the salaries of Community Development Council (CDC) mayors are "outrageous". He added that this was mainly because they are not...

10 migrant workers taken to hospital after explosion in Tuas industrial building

An explosion that took place at an industrial building in Tuas on Wednesday (24 Feb) resulted in 10 workers suffering from injuries. The Singapore Civil Defence Force (SCDF) reported that it responded to the fire at No. 32E Tuas Avenue 11 around...

Good Samaritan rushes to aid man bleeding at Chong Pang hawker centre

A Singaporean is being lauded online for rushing to the aid of a stranger who was bleeding in public. The man, ComfortDelGro taxi driver Alvin Sin, told citizen journalism portal Stomp that he was dining at the Chong Pang Food Centre in...

Send in your scoop to news@theindependent.sg 

Theindependent