Fall in ride-hailing fares in past year, study shows
Private-hire drivers also see higher income following Gojek's entry here last November
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Average daily fares fell 11 per cent to $11.80, down from $13.24, after Indonesian start-up Gojek started operations here last November.
ST PHOTO: LIM YAOHUI
It has been cheaper to book a ride on Grab over the past year, with competition in the ride-hailing sector heating up, according to a study released today.
Average daily fares fell 11 per cent to $11.80, down from $13.24, after Indonesian start-up Gojek started operations here last November, researchers from the National University of Singapore found.
