London taxi app Hailo making moves on Singapore

Hailo, a London taxi app, is expanding into Asia and its first stop is Singapore.

According to Tech in Asia, several sources have said that Hailo is looking for a general manager to manage its customer acquisition and market expansion locally. They will also be in charge of the logistics and partnerships with taxi drivers.

Among the existing taxi apps, Hailo’s funding for international expansion is levelled with three-year-old Easy Taxi app, which has secured USD77 milion (SGD96 million).

The startup company admits that Singapore is possibly one of the countries included in their global expansion plan.

Singapore is working towards a more liberal technology system, unlike many other governments worldwide.

Prime Minister Lee Hsien Loong said at the May Day Rally this year, “Technology is changing all our jobs and these changes are going to happen whether we like it or not. And we cannot stop this change, we cannot escape this change. The only way is to know which way the world is going, use this to our advantage and get there where we need to be, faster than our competitors and that is what the government is trying to do.”

Photo: Hailo website




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