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Grab has two ride options in its app "Justgrab" and "Standard Taxi". CDG has an app that has the options of "Comfortride" and "Taxi by meter"
The latter for each app are cheaper option and I notice they are priced about the same since it goes by meter.
Grab's "Justgrab" is priced about 10-20% more than the latter options. What is perplexing to me is why for Comfortride, CDG pricing is way higher than "Justgrab". This is because comfort has a fleet of taxis where its drivers are already paying rental to it for owning the taxi. I don't get it why CDG want to get more commission from consumers. If this "Comfortride" is priced the same as "Justgrab", there will be much higher demand for its ride hailing app. After all, CDG has already stood up an app and can reap scale by lowering the price, otherwise not much people will use "Comfortride" and CDG has to absorb the fixed cost of running it.
To me, comfortdelgro taxi management is quite a stupid bunch to not realize this point. This is why Grab is outmaneuvering them in the Singapore market. The management of Grab is seemingly better in this aspect and why CDG is uncompetitive and losing on the taxi front. CDG has the app (technology), infrastructure and fleet. It is not using this to its full advantage and is likely losing revenue and incurring fixed cost as a result. CDG is lucky it has government contracts in public transportation which has become the main profit generator (not vicom); this has probably made the management rest on its laurels because it knows the government contract will save them.
<Not vested in any of them but just looking at how badly one company is run and a start up is fortunate to capitalize on the former mistakes to save its own skin>
The latter for each app are cheaper option and I notice they are priced about the same since it goes by meter.
Grab's "Justgrab" is priced about 10-20% more than the latter options. What is perplexing to me is why for Comfortride, CDG pricing is way higher than "Justgrab". This is because comfort has a fleet of taxis where its drivers are already paying rental to it for owning the taxi. I don't get it why CDG want to get more commission from consumers. If this "Comfortride" is priced the same as "Justgrab", there will be much higher demand for its ride hailing app. After all, CDG has already stood up an app and can reap scale by lowering the price, otherwise not much people will use "Comfortride" and CDG has to absorb the fixed cost of running it.
To me, comfortdelgro taxi management is quite a stupid bunch to not realize this point. This is why Grab is outmaneuvering them in the Singapore market. The management of Grab is seemingly better in this aspect and why CDG is uncompetitive and losing on the taxi front. CDG has the app (technology), infrastructure and fleet. It is not using this to its full advantage and is likely losing revenue and incurring fixed cost as a result. CDG is lucky it has government contracts in public transportation which has become the main profit generator (not vicom); this has probably made the management rest on its laurels because it knows the government contract will save them.
<Not vested in any of them but just looking at how badly one company is run and a start up is fortunate to capitalize on the former mistakes to save its own skin>