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 New competitor to Grab, bye Uber.. Hi MyCar.net.my?

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river.sand
post Apr 11 2018, 10:21 PM

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The reason Grab could beat Uber was because of money from Softbank.
If Mycar is not backed by big investors it can't challenge Grab.
river.sand
post Apr 14 2018, 03:55 PM

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QUOTE(Ginny88 @ Apr 13 2018, 12:36 PM)
I believe the reason why Uber failed here is because it didn't take into account local rider situation. Not allowing driver to see rider's destination AND having no minimum fare is unworkable here. This resulted in riders calling Uber for RM1 and RM2 rides which incur losses to drivers especially if they have to pay toll to reach the rider. Uber did not expect that due to our hot climate and local laziness to walk many call for short rides of less than 1 km. Grab is a homegrown product so it is more savvy and avoided Uber's mistake.
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Uber had local management. The fact that it accepted cash payment and offered Chinese speaking drivers in certain cities were two examples of local adaptation.

As for short trips, Quest helped to offset the loss to some extent. On the other hand, Grab drivers need to maintain certain percentage of Acceptance Rate so it's not that they can be very choosy.

The chief reason drivers prefer Grab was because of better incentives, and that's because of Softbank money. Uber did eventually get Softbank investment but it's too late...

 

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