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A 23-year-old university dropout just launched a cheaper rival to Uber in London

484 Views 5 Replies 4 Participants Last post by  IndyCon
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Villig told Business Insider that Taxify has two advantages. Firstly, it hasn't raised billions in outside investment and therefore has comparatively little pressure to turn a profit and repay its investors, except for Didi Chuxing.

Secondly, Taxify's pledge to drivers is lower commission fees and better treatment. Specifically, the company plans to take a 10-15% cut from the fare. Uber takes 20-25% commission on fares, something which led around 300 drivers to protest the firm in London in 2015.
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http://www.businessinsider.com/taxify-just-launched-in-london-and-is-cheaper-than-uber-2017-9
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Will these cars even be safe to ride in? We all know what some of these Oopsber cars look like.
How are these clowns going to have ANY money to run a business if they keep paying these nickel and dime payouts to a bajillion people for every lawsuit they have against them? No wonder TK was forced out. He doesn't know how to run a business like a grownup.
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