The ride-hailing online market is on a growing upward slope. With promising progress in all the world's common countries, it's clear that this category will be seeing more creativity in the time ahead.As a result, it's hardly shocking to see so many developers willing to create their own version of a ride-hailing Uber-like application.
Yet performance here, as in any other market, is seldom guaranteed. Business owners are expected to do their homework before they hop on the ride-hailing bandwagon. This involves evaluating both customers and competitors in a target market, defining key differentiators for gaining traction and significant revenue streams for sustaining the company.
infographic by: www.fatbit.com