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Major challenges new age entrepreneurs faces in the ride-hailing industry in 2019? –Solutions to overcome them

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Jennifer Atkinson
Major challenges new age entrepreneurs faces in the ride-hailing industry in 2019? –Solutions to overcome them

For every business, there is the stage of innovation, the stage of perfection, the stage of exploration, the stage of standardization, and the stage of saturation.

It cannot be denied that the opportunities are still wide open to accommodate a lot more competition.

Regulatory Frameworks of the Government

There are, sadly, cases where the government is not as advanced as the technology for business models.

While Go-Jek in Singapore is offering huge discounts, Grab has decided not to go on the price war but focus on customer experience and long term profits.

Loyalty programs that give customers monetary incentive.

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Jennifer Atkinson
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