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Taxi apps like these are prevalent in Europe and have been around for 5-7 years. MyTaxi/Hailo is owned by Daimler and is Europe's largest taxi app. Gett Taxi is
by rankam 9y ago
Taxi apps like these are prevalent in Europe and have been around for 5-7 years. MyTaxi/Hailo is owned by Daimler and is Europe's largest taxi app. Gett Taxi is a large player - Volkswagen invested $300 million in them in 2016. However, the taxi industry is regulated and can't set artificially low prices like Uber does.
- xiphias 9y agoI use Uber in Brazil, and all I see is that the Taxis are waiting in line because they are expensive and nobody wants them (although they have their special places). I talked to an Uber driver about his salary and he told me that the job is much easier than what he had before, and he's earning 3 times as much money.
- dingo_bat 9y agoNice regulations! They set a minimum price instead of maximum. Pretty clear the regulation was supposed to protect the industry not the consumers. Such regulations are the reason uber exists.
- joking 9y agoNeither can set artificially higher surge prices