Ryde hopes to fill void left by Uber’s exit, Transport News & Top Stories | The Straits Times

This will also translate into lower fares for commuters, he said.

Ryde is in the midst of finalising its pricing structure, which will include dynamic pricing, where fares fluctuate based on demand.

Mr Zou stressed that fares will be “transparent, fair and equitable”.

The firm is up against Grab, which is valued at an estimated $6 billion and operates in eight South-east Asian countries.

It was also reported yesterday that Indonesian ride-hailing operator Go-Jek plans to announce its expansion into another South-east Asian country within the next few weeks, and into three other countries in the region by the middle of this year.

Read complete article here:

Ryde hopes to fill void left by Uber’s exit, Transport News & Top Stories – The Straits Times.