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http://www.channelnewsasia.com/news/busi...up-9274568
Grab is taking another stab at the lucrative Airport taxi route.
It bypasses the $3 - $10 (if the pax is going to MBS or RWS) area surcharge which many taxi drivers enjoy when picking up tourists from Changi Airport. In fact, if I were Grab i would price that out of the $10 passengers should save, I would take a 50% cut (give them a $5 discount over taxi fares only)
And with Grab being a familiar app to other South East Asians, I wonder if local taxi companies are going to band together. We may see a downward revision of Singapore's taxi fare structure in terms of surcharge of picking up at some areas; as this will mean a decrease in revenue for cabbies, I expect further rental cuts by taxi companies.
Singapore Taxi Fare structure: https://www.lta.gov.sg/content/ltaweb/en...thods.html
Grab is taking another stab at the lucrative Airport taxi route.
It bypasses the $3 - $10 (if the pax is going to MBS or RWS) area surcharge which many taxi drivers enjoy when picking up tourists from Changi Airport. In fact, if I were Grab i would price that out of the $10 passengers should save, I would take a 50% cut (give them a $5 discount over taxi fares only)
And with Grab being a familiar app to other South East Asians, I wonder if local taxi companies are going to band together. We may see a downward revision of Singapore's taxi fare structure in terms of surcharge of picking up at some areas; as this will mean a decrease in revenue for cabbies, I expect further rental cuts by taxi companies.
Singapore Taxi Fare structure: https://www.lta.gov.sg/content/ltaweb/en...thods.html