Results for tag: "Transportation Network Company"

The Transportation Network Company (TNC) market is a subset of the private transport services industry. It is comprised of companies that provide on-demand transportation services, typically through a mobile app. These services are typically provided by independent contractors who use their own vehicles to transport passengers. TNCs are often seen as an alternative to traditional taxi services, as they offer more convenience and flexibility. TNCs have become increasingly popular in recent years, as they offer a more cost-effective and efficient way to travel. They also provide a more personalized experience, as passengers can select their preferred driver and vehicle. Some of the major players in the TNC market include Uber, Lyft, Ola, Didi Chuxing, and Grab. These companies have become some of the most successful in the industry, offering services in hundreds of cities around the world. Show Less Read more