Ride-hailing services provider inDriver is poised to break the dominance of Grab, whose rates surge by more than 200% on the average during peak hours.
Since November 2019, inDriver has been recruiting car owners in Cebu to join their network.
It has also been enticing commuters to download its app either from the App Store for Apple products or Google Play Store for Android devices.
According to its website, inDriver started in Yakutsk, said to be the coldest city in Russia, the coldest country in the world.
During the New Year holidays in 2012, during the New Year holidays, taxi services raised prices one and a half times in one day as temperature dropped below –45 degrees Celsius.
To counter the exorbitant taxi rates, students created the Independent Drivers (indrivers) group on the VK social network.
They published the routes and the prices they were willing to pay for the rides, then drivers contacted customers and complied with their requests.
A year later, the group transitioned to the Sinet company, which created a high-tech peer-to-peer transportation service based on the group's model.
In its app, inDriver prompts the customer to specify his/her destination, offer a certain amount as fare for the ride, and click the button “Request a vehicle”.
This app claims to have around 38 million users in over 300 cities across 31 countries.
Ride-hailing services in Cebu has been dominated by Grab since Uber exited the Philippines on April 16, 2018 and its drivers absorbed by Grab.
Grab Holdings, Inc. and MyTaxi.PH Inc. are acquiring the assets of Uber B.V. and Uber Systems Inc. in the Philippines as well as in Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Thailand and Vietnam. (Ventures Cebu)