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vietnam's ride-hailing market
Update news vietnam's ride-hailing market
Electric taxis reshape Vietnam’s ride-hailing market as Xanh SM rises
Vietnam’s taxi market is undergoing rapid change as foreign giants retreat, traditional firms struggle, and domestic players like Xanh SM seize the opportunity to dominate.
Traditional taxi firms digitize services to be more competitive
Facing pressure from their foreign rivals, traditional Vietnamese taxi firms have become tech-based and more competitive.
Gojek quits Vietnam to focus on major markets
Indonesia-based ride-hailing and delivery service app Gojek has decided to exit Vietnam from September 16 as a step towards focusing its operations in major markets with higher growth potential.
Ride-hailing market sees fiercer competition
According to market researchers, Grab has maintained its position as the largest player; however, Vietnamese companies such as Xanh SM and Be have also grabbed market share.
Vietnam's ride-hailing market to reach US$2.16 billion by 2029
Companies in the ride-hailing industry are focusing on launching new services and making new investments.
VN’s ride-hailing expected to reach US$2.16 billion by 2029
The rise in travel and tourism and the emergence of a young and tech-savvy population have further fuelled the adoption of ride-hailing services.
