App taxis face tough times as costs soar - News Summed Up

App taxis face tough times as costs soar


Most investors in the digital application taxi business are eagerly waiting for a notification on their mobile phones about weekly returns from their drivers. He said high fuel prices, commission charged by the app providers, discount on rides, and the current movement restrictions have greatly affected the industry. According to Joram Wanjiru, a taxi operator, the commission charged by app providers per ride continues to dilute income for both partners and drivers. “The commission we pay to app providers does not balance with the increasing cost of operations,” he said. Uber and Bolt charge a 25 and 20 per cent commission per ride respectively while Little levies 20 per cent.


Source: Standard Digital June 05, 2021 09:11 UTC



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