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

486 Views 5 Replies 4 Participants Last post by IndyCon, Sep 6, 2017

Uberdancer

Discussion Starter · Sep 5, 2017

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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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Fred Ex

· #3 · Sep 5, 2017

Would someone at BusinessInsider please catch up, Uber hasn't been taking 20-25% commission for a long time now, and even then it was more like 30-43% 'cos the Rider fee is part of the gross fare no matter what lie Uber tell. Now it's whatever they can get away with, usually at least 50-60% of the gross.

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