Impact of Ride-Hailing Apps on Traditional Taxi Industry in Singapore

The research delves into the emergence of ride-hailing giants Uber and Grab in Singapore, focusing on how they have redefined transportation. It discusses their strategic maneuvers, competitive tactics, and the ensuing shifts within the local taxi market. The study considers consumer preferences, regulatory responses, and economic implications. By comparing data over several years, it highlights key trends and forecasts future developments in the region’s transportation landscape.