Taxify is a ride-hailing app that allows users to request rides from private drivers. It operates in Europe, Africa, the Middle East, and Latin America. Taxify aims to offer lower prices than competitors by taking a smaller cut of each ride.
Taxify is a transportation network company that offers ride-hailing and food delivery services through its mobile app. Founded in 2013 in Estonia, Taxify has expanded to operate in over 30 countries across Europe, Africa, the Middle East, and Latin America.
The Taxify app allows riders to request rides from private drivers, similar to other ride-hailing apps like Uber or Lyft. What sets Taxify apart is its focus on allowing drivers to retain a higher percentage of the fare. Taxify usually takes a 15% commission from drivers, compared to 25% or more from other rideshare companies.
This approach has helped Taxify grow quickly, particularly in emerging markets where price competition is important. As of 2018, Taxify had over 5 million riders and 500,000 drivers on its platform. The company has raised over $240 million in funding from investors like Daimler and Didi Chuxing.
Taxify promises reliable rides at affordable prices. Riders can estimate costs upfront and pay seamlessly through the app. Safety is also a priority, with background checks on all drivers. Overall, Taxify aims to offer an efficient and budget-friendly alternative for ride-hailing in dozens of international markets.
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