Technology and Internet
How bike-taxis are gradually gaining rider confidence
25 Nov 2019
Currently, the market consists of three players including Ola Bike, UberMoto, and Rapido.
However, the biggest challenge for these players is the rising competition from two-wheeler rental services, which also have been scaling up of late.
Aryaman Tandon, director, Praxis Global Alliance, says “Two-wheeler rental services are perceived to be safer by many consumers, and are also 50% cheaper compared to bike taxis.” The average price per km charged by a two-wheeler rental service is `6-7, whereas, for bike taxis, this would be around `10-12.”
Featured Leader: Aryaman Tandon
This article was originally published on Financial Express. Read more.
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