The online ride-hailing industry is on a rising upward slope. With promising progress in all the common countries around the world, it is clear that in the time ahead this category will see more creativity. As a result, it's hardly shocking to see so many developers willing to create their own version of a Uber-like ride-hailing application.
But success here is rarely assured, as it is in any other market. It's expected that business owners will do their homework before they hop on the ride-hailing bandwagon. This includes assessing both consumers and rivals in a target market, identifying key differentiators for momentum gain and significant revenue streams for maintaining the company.
infographic by: www.fatbit.com
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