Taxi Apps Could Transform Global Transport Models.

In early June this year thousands of taxi drivers in major cities across the world staged protests against Uber, the global leader in taxi apps. Taxi hailing apps allow people to hail taxis via smart phones from people using personal vehicles. Due to their lower overheads and the absence of regulation, taxi apps such as Uber, Hailo, Lyft and Get Taxi are able to undercut traditional taxi companies and provide a better service for a lower price. The protests signalled the arrival of a new digital platform that threatens to transform inner-city transportation that has seen little innovation over the last one hundred years.