New ride-hailing app Jugnoo lets drivers bid a price for rides
Its reverse bidding model aims to give more control to drivers and commuters
Add BT as a preferred source
Singapore
NEW ride-hailing player Jugnoo isn't interested in being a Grab or Uber. It wants to be a niche player in Singapore and is introducing a unique "reverse bidding" ride-hailing model that aims to give more control to drivers and commuters.
Samar Singla, chief and co-founder of Jugnoo, told The Business Times: "A big problem in the world is that commuters and drivers don't really have control over pricing, especially surge pricing. Too much control lies with the ride-hailing companies.
TRENDING NOW
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Singapore’s AI boom is lifting GDP. Who gets carried along?
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
From sales executive to DBS chairman: A look at banking veteran Peter Seah’s career
