The taxi booking application online is regarded as one of the most useful mobile apps. There are many taxi booking online apps available on the market.

Uber and Lyft are among the top taxi booking services worldwide. They made it easy for customers to go anywhere, anytime, and without worrying about everything.

Recently, Grab has emerged as the top taxi booking application across Southeast Asian countries. However, Uber’s most significant competitor has taken Kudo to improve its mobile payment platform.

What is Grab App?

grab app

Grab is the most well-known taxi booking app, just like Uber. It is available across all SEA regions, including Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia.

Numerous ride-sharing applications are available, such as Uber, Lyft, and Gett. However, Grab has a unique feature that helps the Grab application stand apart.

It offers many services, including GrabTaxi, GrabShare, GrabHitch, GrabBike, GrabFamily, etc. Moreover, it lets users pick the most suitable option based on cost and needs.

Grab also provides GrabCoach, GrabShuttle, GrabShuttle Plus, JustGrab, GrabRentals, GrabWheels, GrabFood, GrabExpress Beta, and GrabPets services to its customers.

History Of Grab

  • 2012 – Launched in Malaysia as GrabTaxi
  • 2013 – Entered Singapore, Philippines, and Thailand.
  • 2014 – The company expanded the reach of GrabCar to Vietnam and Indonesia. It also introduced GrabCar across Southeast Asia and launched GrabBike in Vietnam.
  • 2015 – It launched GrabBike to rival GoJek in Indonesia and launched logistic delivery services through GrabExpress.
  • 2016 – GrabPay began as a mobile payment platform and introduced grab food to rival UberEats.
  • 2017 – Grab made its debut in Myanmar and Cambodia and then purchased Kudo to make GrabPay to the limit in Indonesia.
  • 2018 – Uber’s Southeast Asian operations were merged into Uber’s Southeast Asian operations.

Facts And Revenue Model Of Grab Application

  • Daily Rides: 3.5 million
  • Driver on Grab: 2 million
  • Grab availability: 168 cities, 8 countries
  • Average Bookings per Second: 7 bookings
  • Grab downloads: 125 million downloads
  • Funding generated: $6.5 billion
  • Monthly bookings made via Grab: 5.1 million bookings
  • Grab employees: 5,000 employees
  • Grab estimated value: $11 billion
  • Annual run-rate of revenue: 1 billion

Work Flow of Grab Application:

Book In Just 2 Taps: Key In Your Pickup And Drop-Off Locations To Get Your Estimated Fare.

Find A Driver: After you have confirmed the booking, find the driver’s closest available driver.

Track your driver: If the driver agrees to ride with the user, the user can view the profile of the driver and the real-time location of the driver, and the time of arrival that the driver is expected to arrive.

Get there safely: Riders can share the location of their ride with a family member for Added Safety or even just to let them know you’re on your way.

How Much can it value to Develop App Like Grab?

After you have decided to create an app for booking taxis, One of the most crucial concerns is how much it will cost you to create an app similar to Grab?

The price of the essential service is not set; it’s contingent upon what kind of services you provide and what kind of platform you employ to build the app for booking taxis.

Many factors are involved in creating a single platform application similar to Lyft that could cost anywhere from $30,000 to $35,000. An essential application that works on the Android or iOS platform will cost around $65,000 and could go up.

Features To Develop a Ride-Sharing App:

Rider app Features

  • Login/Signup
  • Fare Estimates
  • Payment Option
  • View History
  • Review & Rating
  • Map Navigation
  • Promo code
  • Manage Profile
  • Pickup Notification
  • Wallet
  • Set Home/Work Location
  • Live Chat in App
  • Cancel ride
  • Share ride details
  • Invoice Details

Driver App Features

  • Login/Signup
  • Vehicle Details
  • Manage Trip Request
  • Document Verification
  • Manage Profile
  • Cancel Trip
  • Invoice Details
  • Update Status
  • Manage Bank Details
  • Upcoming Trip

Admin Panel Features

  • God’s View
  • Approved Provider
  • Manage Document
  • Schedule ride
  • Track User
  • Manage Promo Code
  • Earning Report
  • General Setting
  • Driver Details
  • Payment Setting

Final Word

The development of a Grab-like application for your taxi company isn’t, at the time, a difficult task since you can make use of the expertise of app creators. The first thing to do is search for the most suitable mobile app development business at the price you can afford. With on-demand Grab Clone app development opting for the already-made clone application is a good idea. Get in touch with our sales executive for more information about Grab apps, such as application development features and functions.