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  • Ola Strategyy Acq

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    MohitJethi
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    Taxis have reduced the gap between private and public transport by bridging time and space. While the global taxi market is large, it is made up of many small, local operators dominating individual cities. The most profitable taxi markets are in Japan, particularly Tokyo estimated at $20-25 billion yearly, followed by the UK at $14 billion, and the US at $11 billion overall with New York accounting for $3 billion. Assuming other international taxi revenues total $50 billion, the estimated global taxi market is around $100 billion.

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    OLA AXQ

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    Taxis have reduced the gap between private and public transport by bridging time and space. While the global taxi market is large, it is made up of many small, local operators dominating individual cities. The most profitable taxi markets are in Japan, particularly Tokyo estimated at $20-25 billion yearly, followed by the UK at $14 billion, and the US at $11 billion overall with New York accounting for $3 billion. Assuming other international taxi revenues total $50 billion, the estimated global taxi market is around $100 billion.

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    14 views2 pages

    Ola Strategyy Acq

    Uploaded by

    MohitJethi
    Taxis have reduced the gap between private and public transport by bridging time and space. While the global taxi market is large, it is made up of many small, local operators dominating individual cities. The most profitable taxi markets are in Japan, particularly Tokyo estimated at $20-25 billion yearly, followed by the UK at $14 billion, and the US at $11 billion overall with New York accounting for $3 billion. Assuming other international taxi revenues total $50 billion, the estimated global taxi market is around $100 billion.

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    Taxi services in India

    Taxis have been reducing the gap


    between private and public transport in
    time and space. The global market for
    taxis and car services may be a big one,
    but its filled with many lots of small,
    local operators dominating each city.
    The most profitable cab market in the is
    Japan,

    where

    yearly

    revenues

    are

    estimated to be $20 billion to $25 billion


    just in Tokyo, then United Kingdom
    with revenues of $14 billion, and the
    U.S.with $11 billion overall and about
    $3 billion from New York. Assuming taxi revenues in the rest of the world add another $50
    billion to this total, arrived at a total market of $100 billion.
    Figure 1 - Taxi Market across the World

    Source: Valoriser Consultants

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