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Uber rival Karhoo back from the dead thanks to Renault
Make no mistake, it's hard going up against Uber. Traditional taxi companies have been forced to evolve or die, while other startups like Hailo have found it difficult to compete the ride-hailing service's incredible growth. Karhoo, a price comparison service for hailing black cabs and the like, also found this out the hard way. Despite raising tens of millions of pounds and enjoying a splashy launch last May, the company quickly burned through its investment and closed in November as it looked "at the next steps for the business." Administrators got involved and employees suddenly found themselves without a job. However, two months later, Karhoo is making a return, thanks to the financial arm of French car giant Renault.
UK Uber-rival Karhoo is dead
Sometimes when you're late to the party, there aren't enough chicken nuggets and cocktail sausages left to go around. It's a lesson taxi-hailing app Karhoo has learned the hard way, today announcing the closure of its service as it looks "at the next steps for the business." Launched in London in May, Karhoo aimed to take on Uber, as well as black cab equivalents Gett and Hailo, with an all-encompassing platform covering black cabs, minicabs and executive cars -- it also boasted a pre-booking option, which Uber didn't have at the time.
Karhoo takes its taxi-comparison app to more UK cities
Six weeks after its launch in London, Karhoo is taking on the rest of the UK. The ride-hailing app, which lets you compare different taxi companies simultaneously, is yet another alternative to Uber, Hailo and Kabbee. The difference is that Karhoo wants to be an open platform, presenting a range of prices, vehicles and estimated arrival times so that you can make an informed decision. Any company, aside from Uber, can theoretically sign up and have its fleet listed inside Karhoo's iOS and Android apps. That includes black cab, minicab and executive car hire providers.
Karhoo takes on Uber with a price-comparing taxi app
Since Uber launched, taxi-booking companies have scrambled to create their own mobile-first services that give customers plenty of options, but ultimately lock customers to their fleet of drivers. A new entrant, Karhoo, launches as yet another of those types of apps, but it's playing things a little differently from Uber and its rivals. It's signed up 80,000 drivers of licensed black cabs, minicabs and executive cars (a third of which are in London) to provide a price comparison service for taxis across the UK.
