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Taxify takes on Uber in Paris with lower prices and commissions
Taxify is boldly entering the Paris ridesharing market that has proven to be such a pain for Uber and others. The company announced it will be able to compete with its main competition, UberX, thanks to 10 percent lower prices on average, and by taking a smaller cut from drivers -- 15 percent compared to Uber's 25 percent. "The prices will be lower for the customer and the drivers, better paid," Taxify told Le Parisien.
Taxify halts operations following Transport for London investigation
When you're a ride-hailing company, a lot can happen in a week. Just three days after it brought its private hire app to London, Taxify has suspended all rides as it seeks to clarify its standing with the capital's transport authority. Transport for London (TfL) confirmed yesterday that it was "urgently investigating" the Uber rival because it isn't a "licensed private hire operator" and was performing its services without the necessary clearance.
Uber rival Taxify is being investigated by Transport for London
Unlike other world cities, London is a pretty supportive place when it comes to transport innovation. Transport for London (TfL) has attempted to keep the peace as traditional taxi companies battle it out with private hire challengers like Uber, imposing new rules that ensure service levels remain high no matter what vehicle members of the public choose to ride in. Earlier this week, Uber's London division found itself in new company thanks to Taxify, a private hire firm that has already made waves across Europe. It promised lower fares and higher payments for drivers, but its arrival has been marred by controversy. City A.M reports that TfL is now "urgently investigating" Taxify because it isn't a "licensed private hire operator" and could be operating in London without the necessary clearance.
Uber has a new London rival in Taxify
In the US, Uber has an arch rival in Lyft. In the UK, however, Uber doesn't have such an obvious competitor. Sure, there's Mytaxi (formerly Hailo), Gett and Taxiapp for hailing black cabs, or Kabbee for booking minicabs, but no service that quite matches Uber blow for blow. That changes today with the London launch of Taxify -- an Uber clone that already operates in numerous cities around the world, including many in Europe. But how exactly does Taxify hope to compete with Uber, which has over 40,000 drivers roaming the capital? By giving drivers a bigger cut of the fare, and passengers a cheaper ride.
