In the Old VS New: The Great Taxi Debate, we discuss business model innovation in the taxi space, pitting the big taxi companies which own both taxi fleets and tech infrastructure (booking facilities using apps, messaging and phone calls) with the new wave of companies such as GrabTaxi and EasyTaxi, which bypass hardware and offer purely software solutions. Find out which model benefits consumers more as we speak to taxi-drivers, commuters and Lim Kell Jay, GM of GrabTaxi Singapore himself. Dr Anton Ravindran, our resident DBS BusinessClass Advisor, chimes in on his thoughts too.
[Curious to try out a taxi-booking service? GrabTaxi is generously offering all DBS BusinessClass members who are first-time users of GrabTaxi $3 off their first three rides. To redeem the promo, simply download the DBS BusinessClass App at dbsbusinessclass.com/download.html and head to the "Old VS New: The Great Taxi Debate" topic. Promo valid till 31 Mar '2015 or first 2,000 redemptions.]
This video is produced as part of the DBS BusinessClass "Old VS New" series, in collaboration with VulcanPost.
