Among the ideas for a masterplan put forth by taxi and private-hire firms is an integrated app for users to choose from chauffeured rides, buses and trains.
Coming on the back of Uber's exit from South East Asia, ComfortDelGro reported that its taxi bookings grew by close to 9% in May 2018.
ComfortDelGro will no longer be acquiring the 51% stake in Uber's wholly-owned car rental subsidiary in Singapore, Lion City Holdings.
Hundreds of Uber's unhired cars have hit the used car market, many of which consist of Mazda3 sedans and Honda Vezels, a week after the app shut down here.
A slew of newcomers has entered the ride-hailing market following Grab's acquisition of Uber's South East Asian business two months ago.
Taxis and private-hire cars will now be installed with inward-facing video cameras to aid in the fight against fare cheats and abusive passengers.
Despite Grab's acquisition of Uber's South East Asian business, ComfortDelGro Chairman Lim Jit Poh says the deal with Lion City Rentals is not off the table.
Private-hire services Uber and Grab may be regulated and licensed by the Government in the future to protect the interests of commuters and drivers.
The Competition Commission of Singapore will be entering the second phase of its study of the ComfortDelGro-Uber alliance.
ComfortDelGro has posted a 4.9 percent drop in its net earnings for 2017, following weaker contributions from several of its core businesses.
The Singapore taxi fleet size has reached its lowest point in over 10 years, with the number of ComfortDelGro cabs dropping to below 10,000.
UberFlash, the new service from a tie-up between ride-hailing firm Uber and taxi operator ComfortDelgro, will start from from 6:00am on Friday.
ComfortDelGro, Singapore's largest taxi operator, will be launching a dynamic pricing system for its taxis from 19th January.
Taxi firms took a big hit from private-hire companies earlier this year, but have since started partnering up with them.
The recently announced Uber-ComfortDelGro partnership may see all taxis in Singapore offering demand-based fares in the future.
ComfortDelGro has announced that it will be acquiring a 51 percent stake in Uber-owned rental fleet business Lion City Rentals.
ComfortDelGro's net earnings for the third quarter of this year have seen an 8.2 percent drop to $80.1 million due to private-hire competition.
Grab claims it has signed up over 3,000 ComfortDelgro cabbies, with most switching to private-hire cars in the last month.
Grab sent out a text message to ComfortDelGro cabbies on 3rd September, offering a 40 percent rental discount for those willing to switch taxi companies.
ComfortDelGro Corp has announced that it has begun talks over an alliance with Uber for 'exclusive discussions' on a possible 'strategic alliance'.