CABZOR - Driver App

cabzor

About this app

Cabzor is a transportation company that operates through an app, enabling passengers to request rides and drivers to charge fares and receive payment. Essentially, it's a ridesharing service that employs independent contractors as drivers. In line with the sharing economy concept, Cabzor connects existing resources, rather than owning physical assets itself. The company utilizes the Cabzor app to match passengers with drivers, most of whom own their own vehicles.

Cabzor, another ride sharing service, adopts a dynamic pricing model for both drivers and passengers. The app estimates fares based on the destination and demand at any given time. Cabzor encourages drivers to take on more rides during peak hours by offering higher payment rates during those periods. This results in higher fares for riders during busy times, ensuring an adequate number of drivers are available. On occasions like New Year's Eve, passengers may expect to pay premium prices but can be confident of securing a ride, unlike traditional taxi services where availability might be uncertain.

Cabzor also extends its services to include bicycle and electric car rentals in some regions, and they are involved in autonomous driving projects.

Using a ride sharing app like Cabzor comes with several advantages compared to traditional transportation methods. The dynamic pricing model attracts drivers to areas of high demand, increasing the likelihood of finding available rides during busy periods. The app also provides a map displaying potential drivers in the vicinity, allowing passengers to track their chosen driver's real-time location and estimated time of arrival for added convenience.

Moreover, Cabzor's business model aligns with the benefits of the sharing economy, as it enables more efficient utilization of underutilized assets such as cars, following the same principle as other sharing economy components like tool-sharing, clothing rentals, and house-sharing.