Image via Kwik News
In Malaysia, many have started skewing toward the ridesharing apps due to their competitive pricing, comfort, and flexibility. Of course, that didn’t sit well with the taxi industry who took matters into their own hands by way of protesting and vandalising private cars.
In a bid to put matters to rest, online shopping aggregator iPrice has released an infographic comparing the rates of Grab, Uber, and local taxi companies in various countries in the region to find out which operator is the cheapest of them all
iPrice’s research compared the prices between Uber, Grab, and local taxis. Comparing data for both short and long rides (5km and 20km respectively), the distance and time costs didn’t include surge pricing and discounted fares for fairer calculation.
The analysis also excluded other sharing services such as Uber Pool and Grab Hitch to focus on what people use on a daily basis.
For the 5km category, Grab is cheaper in Malaysia with a price of USD1.8 (RM8) as compared to Uber (RM8.20) and taxis (RM10.20)
Image via Goody Feed
The company – previously known as MyTeksi – is also the cheapest option for a 5km ride in the Philipines and Singapore.
On the other hand, Uber is more affordable for short distances in Indonesia, Thailand, and Vietnam.
For long distances (20km), Uber is more cost efficient for Malaysians. It would cost around USD5.10 (RM22.70) as compared to Grab at USD6.60 (RM28.90).
Image via Business Insider
Uber is also cheaper in countries like Indonesia, Thailand, and Vietnam while Grab offers the best bang for a buck in the Philipines and Singapore.
iPrice stated that while taxis may cost lesser at longer distances at RM27.10, Malaysian cab drivers are known to overcharge customers based on their own rates which are more expensive.
In fact, taking a taxi is way more expensive than either Uber and Grab across all countries
Image via Free Malaysia Today
You can check out the full report by iPrice here.