Do you want to Build An App Like Grab Taxi?
Grab is one of the largest “SuperApp” today. And one of the most offerings is ride hailing services. Now, there are many ride hailing apps like Uber, Lyft, and so on that has been an inspiration and leading industry.
The taxi booking industry as a whole is huge. Just 2 years ago, in 2022, the US ride-hailing taxi app industry was generating $5.1 billion in revenue. And it is expected that by the year 2026, ride-hailing taxi industry will have revenue of $327.54 billion.
It is safe to say, GrabTaxi is taking a really big chunk of this multi-billion dollar cake.
However, Grab being a super app stands apart from the rest. Back in the year 2018, Grab Holdings Inc. amounted to around 2.2 billion rides. This grew to around 4 billion in 2019. And it “grabs” a lot of attention from potential start-ups and businesses.
There are many who wants to build an app like grab taxi for their own business. As this can help their businesses grows and generate revenue. If you are someone who wants to develop their own grab-like app but don’t know how to, this blog is for you.
Here, we shall be going through everything related to Grab Taxi and the app development process. So, with this being said, let’s get right into it:
What Is Grab? Taxi Booking App Development
Grab is a super app based in Malaysia, founded back in the year 2012. While this platform is quite popular for its ride hailing services, it also other forms of services like food delivery, logistics, insurance, and so on. As such, this is an excellent example of taxi booking app development done right.
Today, it offers service in more than 500 cities across south-eastern Asia. And as per the last reports, there had 3.5 Million Active Users Daily. In the same year, the revenue from this platform grew to 1 billion as a whole.
In fact, the platform receives about 7 bookings every second, averaging out at 5.1 million a month. Consequently, the revenue from GrabTaxi, the ride-hailing branch of the platform grew to 575 Million USD in 2021, while GMV was about 16 billion.
The amazing success of the platform in Asia has inspired businesses from across the world to follow the same business model. After all, who doesn’t want to make millions of dollars? You do.
Moving on, some of you might be wondering how this GrabTaxi actually works. Well, we shall be answering this in the next section of the blog.
How Does GrabTaxi Work
So, how does a taxi booking app like GrabTaxi work? Well, in this section of the blog, we shall be discussing how apps like grab taxi work.
Moving on, the working process is, as mentioned below:
- The very first step as one might guess is downloading the application from the app store or play store.
- Once the app is installed on your phone, it is time to sign up on the platform. You can create a platform using email, phone number, social media account, Google Id, or iCloud ID.
- You can add your detail to the platform like name, location, account details, payment details, and so on.
- Now, you can explore various services they offer and select one that you want i.e. grabtaxi.
- Here, you can put in your location and destination. In addition to this, you also have to select other specifications.
- Based on your choice, the platform will give you an estimated cost.
- The service provider will send your ride request to the nearest driver. They can either accept it or rejection. In the latter one, the request is sent to the second nearest driver. If accepted we move to the next step.
- The driver is on the way to your location and you get an ETA.
- Once you are in the taxi, you can share the ride details with someone for safety purposes.
- Users can pay via eWallet integration or cash.
- There is also an option to review and rating on the ride quality.
This is how a ride-booking app like Grab Taxi works. Moving on, we shall be looking at some of the reasons to develop a ride hailing app in the next section of the blog.
Why Build An App Like Grab Taxi
Why build taxi booking app?
If you are asking this question, again and again, don’t worry, we will be giving you plenty of reasons to invest in a taxi booking app.
Some reasons to invest in taxi booking app development are, as mentioned below:
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Huge Potential For Growth
Growth is everything a business wants. And in the age of technology what is a better growth catalyst than mobile app development?
With the right solution for your business, you can generate a lot of revenue. And this is not just a claim but rather a proven fact.
Therefore, if you are someone who wants to convert your business into the next best in the market, all you need to do is reach out to a company that can help you do the same.
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Future of the Taxi Industry
The taxi industry has been around for a long time. And when Uber first started offering its service back in the year 2009, well, it shock the market. But with time, the revenue for the whole industry grew larger than ever.
In the coming years, taxi booking apps will become a household thing and replace the conventional taxi system completely. This is something that you should consider when deciding whether or not to build an app like grab taxi.
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Readily Avail-Able Solution
Now, if you want to grow your business there are various ways. But every one of us can agree that all of them can be pretty expensive.
But there is one that is very successful in boosting growth without bankrupting the company. And that is Custom Mobile App Development.
It is affordable, this is growth promoting, and the best part is, it is readily available via mobile app Development Company.
Moving on, we shall be discussing some of the features that you should include when you build an app like Grab Taxi.
Feature To Include In Taxi App Like Grab
Features are an important part of any application including taxi app like Grab.
The reason behind this is simple; this is an element that plays a big role in driving user engagement. And that is why it is highly recommended that you list out features before consulting on demand app development services.
Apart from this, this is also one of the factors that can highly affect taxi app development costs. Well, we shall be discussing more that later down the blog. Meanwhile, let’s look at some of the features that you should include in your app.
Passenger App |
Driver App |
Taxi’s Admin |
Registration/Login | Quick Registration/Login | Multi-Level Admin Access |
Add pick-up & drop location | Unique Driver Profile | Complete Dashboard |
Real-Time Ride Location | Live Tracking & GPS Map | Driver/Passenger Management |
Ride Cost Estimation | Set Availability | Analytics & Reports |
In-App Payment | Track Payment | God’s Eye View |
Push Notifications | Accept/Decline Ride Request | View Transaction History |
Feedback and Reviews | Push Notifications | Block Driver/Passenger |
How Does An App Like Grab Make Money
Have you ever wondered how taxi-booking apps like Uber, Lyft, and GrabTaxi make money?
Well, there are a lot of various ways through this platform to make money. And this is a good question to while you learn how to create a grab-like app.
Getting to the point, apps like grab use monetization strategies that are embedded into the app through which revenue generation is made successful. Let’s look at some of these:
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In-App Advertisements
So, one of the easiest methods of earning money is adding advertisement functionality when you build an app like grab taxi.
Well, it goes without saying that everyone has come face to face every now and then, which is much more common with people with longer screen time.
Now, if you are someone who wants to generate a lot of revenue, this is definitely something that you should consider.
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Premium Accounts
All of the major platforms from video stream app like Netflix to social media app development solutions offer premium accounts. And the best part is, users have to pay for them.
This is something that a lot of people subscribe to. Thus, it has become the main income source for many companies. Thus, this is something that you can use in your own mobile app project.
Read the blog- WHY YOUR BUSINESS NEEDS TO INVEST IN MOBILE APP DEVELOPMENT
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Commission Based Earning
It is no secret that a lot of financial exchange happens via taxi booking apps. And what big companies do is, charge commission fees from both sides.
This is something that can generate a lot of revenue for your business.
If you want to learn more about the same, it is highly recommended that you consult an on demand app development company that will help you with the same.
How To Build An App Like Grab: Taxi Booking App Development Process
With all said and done, it is finally time to consult Taxi App Development Company and build an app like grab taxi of your own. However, it is not as simple as that. There is a lot that goes into the development process and we shall be going through all that here.
Therefore, with this being said, let’s get right into it:
1) Ideation
The first step is coming up with an idea for your project. After all, without an idea or a base, you won’t be able to create an application.
Considering the fact that the success of the application highly depends on the concept, making this step that much more important.
It is also recommended that you work with more than one idea so you have the plan to fall back to. Moving on, we shall be moving to the research in the next section.
2) Research
In the second step of taxi booking app development services, it is time to the collected information. Research is what makes putting your soul into your idea. That is why; you should take as long as you want when researching for the project.
There are a number of things that you can do here. Including but not limited to market research, looking for market openings, finding a target audience base, analyzing strategies, and so on.
All the information collected in the process will be worth in gold later down the line.
3) Cross-Check Idea
Here, you have to use the information you collected in research to test the credibility of the idea.
This is an important step. Nevertheless, once this is done, we can finally move to more technical steps starting with….
4) Hire App Developers
It is time to hire taxi booking app developers. Now, there are some things that you should keep in mind while you are doing this, these are, as mentioned below:
- Check their portfolio
- Their expertise and experience
- Look at their past project
- Talk to their past clients
- Check the skills of developers
These are things that you should look for when you hire dedicated mobile app developers. Nevertheless, once you have a development partner, it is time to start development….
5) Front-End Development
Development can be divided into two parts, front-end development, and back-end development. Going with the order, we will deal with the design part first.
As the name suggests, this is the part where developers will be creating the design. Features and design are two things that drive customer engagement.
When done with this, we can move to back-end development part.
6) Back-End Development
This is the part where on demand app developers will be writing the source code of your application. It goes without saying; this is a very important part when you build an app like grab taxi.
For that reason, it is recommended that you maintain good communication with the development side.
7) Testing
Once the final version is created, it has to be tested before it can be launched in the market. QA team check every component of the application for errors and begs.
After this is done, the app is ready for deployment.
8) Deployment
Deployment highly depends on the platform. Nevertheless, once this is done, you can start with analytics.
Conclusion
If you want to build an app like grab taxi that can help your business grow and generate a lot of revenue, a Taxi Booking App Development Company will be able to help you with the same. In addition, they can help you estimate the total cost of development.
Niketan Sharma is the CTO of Nimble AppGenie, a prominent website and mobile app development company in the USA that is delivering excellence with a commitment to boosting business growth & maximizing customer satisfaction. He is a highly motivated individual who helps SMEs and startups grow in this dynamic market with the latest technology and innovation.
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