The online ride-hailing industry is on an upward pendulum. With promising development in all the world's common countries, it is obvious this category will see more innovation in the years ahead. As a result, it's hardly shocking to see so many developers eager to create their own version of a ride-hailing Uber-like application.
But success here is rarely assured, as is the case for any other market. It is hoped that, before they get on the ride-hailing bandwagon, business owners will do their homework. This includes assessing consumers as well as rivals in a target market, identifying key differentiators for momentum gain and substantial revenue streams to keep the company going.
infographic by: www.fatbit.com
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