Global mobility and urban services platform inDrive has officially launched its ride-hailing service in Riyadh, marking the company’s expansion into a second city in Saudi Arabia. The move signals increased competition in the Kingdom’s transportation sector and introduces a unique pricing model to the capital’s commuters.
A Unique Fare Negotiation Model
Unlike conventional ride-hailing platforms with algorithm-based pricing, inDrive operates on a “Realtime Deals” model. This feature empowers both riders and drivers by allowing them to negotiate fares directly within the app. Riders propose a fare for their desired trip, and nearby drivers can then choose to accept, decline, or counter the offer. This peer-to-peer approach aims to create a more transparent and mutually agreeable pricing structure for every ride.
Competitive Landscape in the Kingdom
InDrive’s entry into Riyadh intensifies the competition in a market with established players. To attract drivers to its platform, the company has stated that its service fees are two to three times lower than typical industry rates, potentially offering higher earnings for drivers. This expansion follows inDrive’s established presence in other MENA markets, including Morocco, Egypt, and Algeria, as it continues to grow its footprint across the region.
About inDrive
inDrive is a global mobility and urban services platform headquartered in Mountain View, California. The app has been downloaded over 200 million times and was the second most downloaded mobility app in 2022 and 2023. In addition to ride-hailing, inDrive provides an expanding list of urban services, including intercity transportation, freight delivery, task assistance, and courier delivery. The company operates in over 46 countries, supporting local communities through its peer-to-peer pricing model.
Source: Tech in Asia
