Ride-hailing business Uber Technologies Inc is planning to launch a separate meal delivery service application, according to a company spokesperson, ride-hailing firm Uber Technologies Inc is also working on its own smartphone application. However, details are scarce and it's not clear whether or not these apps will compete directly with existing taxi services. We've also seen other companies attempt to ride-share using an iPhone application that connects customers with local drivers. However, that effort fizzled out quickly as taxi providers and ride-sharing companies saw just how popular smartphone applications can be. It appears that some cab operators and ride-sharing services are already gearing up for a fight over the future of ride-hailing.
According to auber Technologies Inc., one of the reasons for UberEATS's departure from Toronto's taxi industry is the emergence of other delivery service options such asubs, Via, LimeLight and Greenville, USA Today reported. The company further states that the success of its Uber ride-sharing platform will depend on whether or not investors provide the funding necessary to support the development of UberEATS. If it does go through with an app that competes with existing taxi providers, it could cause a severe dent in the cab industry in the U.S. and abroad, especially if ride-sharing becomes popular in major cities like London, Paris, Sydney, and Hong Kong.
If you're wondering what does this all mean for the future of ride-sharing applications, well, it means that either one of two things will happen, either the larger, traditional cab companies will suffer or new players will enter the market. The first scenario would see existing taxi services continue to thrive, at the expense of the smaller upstart companies, or perhaps a new upstart company would start offering delivery services directly to consumers. Whatever happens, it looks as though we may soon see something similar to the UberEATS concept, only better; and the time is now to get in on the action!