24 May 2018

The new taxi industry

From The Panel, 4:26 pm on 24 May 2018

We look at the new taxi service to rival Uber, Zoomy now has more than 80,000 app downloads and more than 2000 drivers, but can it become profitable?

The numbers seem to suggest ride-sharers don't make money, Uber is popular but continues to have major losses.

We ask the panelists what they use when they need a ride and we get expert analysis from Eric Crampton, Chief Economist at The New Zealand Initiative.


Uber Photo: 123 RF