Uber and Grab have disrupted the taxi-industry in Singapore. Consumers are exposed to more choices and taken advantage of the market-share war between Uber, Grab and Taxi Companies. If you are a driver please read up on private hire vs taxi, which is better to earn
In a recent research done, all 3 services are compared to derive the best option in each country in SouthEast Asia.
Infographic source – ipricegroup
In Singapore, GrabCar has appeared to be the clear winner in both the 5km distance and 20km distance category.
For a 5km distance, the average Grabcar fare is $4.30 , Uber is at $5.60 and Taxi is at $7. GrabCar is almost 23% cheaper on average compared to Uber and 38% cheaper than Taxis based on the research data.
Take the result with a pinch of salt
Although GrabCar appears to be the clear winner, the data may not be conclusive for you to make a decision on which service to choose.
Factors such as surge pricing, surcharges, promotions and availability of other services such as UberPool and GrabShare can affect the eventual choice of service.
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