Trans-Cab Services, Singapore’s second-largest taxi company and Gojek Singapore announced partnership to allow more than 3000 Trans-Cab drivers to gain access to bookings made via the Gojek platform, and will be able to fulfill private-hire trips on a flat-fare basis from December 2019.
Within a short 1 year span, Gojek claimed to have clocked 30 million completed trips in Singapore. Singapore is now Gojek’s second-largest transport market after Indonesia in terms of transaction value, a testament to customer trust and value in Gojek’s offering.
Trans-Cab chief executive officer Teo Kiang Ang said: “This collaboration with Gojek is fantastic. It will enable our drivers to access on-demand bookings via the Gojek app, while they continue to be able to take on street-hail jobs. Our drivers will greatly benefit from this flexibility and increased earning opportunity.
In fact, Gojek is not the only ride-hailing services provider that Trans-Cab is working with. In September this year, Trans-Cab has inked a partnership with another small local company Ryde.
It is inevitable for Trans-Cab to venture into private hires ever since private hire like Uber and Grab entered Singapore. In less than 10 years, the number of taxis in Singapore has dropped drastically from 28,000 to under 20,000. To overcome the technological barrier, it may be better for taxi operator like Trans-Cab to partner, instead of going head-on, with car hailing service providers like Gojek and Ryde.
Currently, Trans-cab has a fleet of close to 3,000 taxi which is very far behind market leader ComfortDelGro Corp.’s 11,000 vehicles under its Comfort and CityCab brands, data from the Land Transport Authority showed.
In early September this year, Trans-Cab announced intention for listing in Singapore stock exchange with a valuation of SGD 200 million.