Displaying items by tag: Eastern Europe
An Estonian taxi startup company has announced its bold ambition to take on global ride-hailing colossus Uber in both London and Paris. Taxify announced that it will initially launch its services in London after it signed up 3,000 private hire taxi drivers following an intensive recruitment process which was needed to meet UK licensing and regulatory requirements.
Its expansion into the UK serves to indicate that Taxify is confident it can replicate the success it has enjoyed in other markets. The Estonian company have already benefited from the uncertainty and scandal that has plagued Uber in the last six months - by stealing a march on them in Eastern Europe and Africa.
London is a saturated market when it comes to taxi services. The English capital is home to the world-famous black cabs and private hire firm Addison Lee, who compete with other ride-hailing apps such as GETT and HAILO, which is now incorporated in Daimler’s MyTaxi.
Uber has a large slice of the market share in London, it boasts over 40,000 drivers and has 3 million London users, with the Silicon Valley based company claiming that users make over 1 million trips a week.
Taxify operates in 25 countries which is in stark contrast to that of Uber, who rollout its services in 600 cities across the world. However, its USP is that it allows passengers to pay marked-down fares which in turn lets drivers retain a bigger share of the profits, whilst it’s run on a much lower cost business model that Uber.
Taxify is directly targeting Uber’s customer base by offering a 15% commission on rides booked through the online platform. Uber charges between 20-25% in London. In addition to this, Taxify will accept cash as well as electronic payments unlike Uber.
The CEO and founder of the Estonian startup Markus Villig insisted its policy is that it will always be cheaper than Uber. Uber has just appointed a new CEO in order to bring much needed stability to the organization. It has endured a hugely difficult year, it has been embroiled in sexual harassment cases, legal disputes over the legality of the services it provides, and co-founder Travis Kalanick was forced to resign as CEO.
Uber’s new boss is former Expedia CEO Dara Khosrowshahi and he has vowed to take the company public in the next few years, and said the company had to change in order for it to continue to expand. Taxify has enjoyed incredible success since its inception and will be confident it can penetrate the UK market.
It’s based in the Baltics and it first staked out in major cities all across Eastern and Central Europe, before expanding operations in Africa. Its CEO has declared that he believes they will overtake Uber by the end of this year. The taxi company has been boosted by investment from China’s rife-hailing firm Chuxing DiDi and aim to expand into Paris before the end of 2017.
Huawei retook the number two spot from Apple in Central and Eastern Europe in Q2 2017, according to Canalys research. It shipped 1.8 million smartphones to take a 12 percent market share, beating Apple by fewer than 50,000 units. Its strength was in low-to-mid-range products, with the P10 Lite becoming its best-seller in the region.
“Huawei slipped behind Apple briefly in Q1 2017,” said Canalys Analyst Ben Stanton. “Apple did an excellent job of up-selling its installed base to the iPhone 7 Plus, whereas Huawei suffered the fallout from its extremely aggressive end to 2016. It built a great deal of channel inventory last year as its sales teams chased a 140-million-unit annual global shipment target. But Huawei is back, growing 11 percent in Q2 2017. Its inventory has now largely cleared and it is firing on all cylinders.”
Samsung led the smartphone market in the region, shipping 4.9 million units, a year-on-year increase of 14 percent. This was due to strong demand for Galaxy A and J series products, Canalys research says, which have been updated this year. The Galaxy S8 has been a strong seller into carriers and retailers, but there are signs that some of these channel players have overestimated consumer demand for Samsung’s flagship model.
The stand-out vendor in the quarter was Xiaomi, Canalys research shows, which rocketed to fourth place, despite only being active in the region for just over a year. It shipped 1.1 million devices into Central and Eastern Europe in Q2 to grab a 7 percent market share. It has found most success with its budget Redmi range, as markets in CEE remain extremely price-sensitive. Redmi’s 4A was its best-seller, with more than 350,000 units shipped in Q2.
“Xiaomi wants to replicate Huawei’s rapid rise,” said Canalys Senior Analyst Tim Coulling. “But they are very different companies. Huawei has used its networking business to muscle into carrier portfolios. But Xiaomi works differently, relying on a partnership with Polish distributor ABC Data, which has quickly scaled Xiaomi smartphones into Poland’s largest ecommerce platform, Allegro, and major retailers, such as Media Markt, Media Expert and Komputronik.”
To continue its global expansion, Coulling explained, Xiaomi must “avoid litigation by gaining permission to use the appropriate patents. With adequate protection in place, it must then recruit distribution partners that can help it establish the Xiaomi brand in an increasingly commoditized market.”
Ericsson Nikola Tesla, an affiliate of Ericsson Group in Central and Eastern Europe, and BH Telecom, a leading operator in Bosnia and Herzegovina, are continuing their partnership with a contract to extend an OSS implementation to the service provider's fixed network.
Implementation will start immediately and the new solution will enable the rapid introduction and delivery of fixed services. The project is expected to be completed during 2018.
“As the leader in telecommunications in Bosnia and Herzegovina, we have successfully cooperated with Ericsson Nikola Tesla on projects to modernize our network,” said Mirsad Zaimović, General Manager at BH Telecom. “This contract continues the cooperation by expanding our Operations Support System to BH Telecom’s fixed network, enabling a higher service quality for our users."
In Gartner's latest Magic Quadrant report, Ericsson was declared a leader in the OSS segment for the fifth year in a row.
“As a long-term partner, BH Telecom, has recognized Ericsson's leading position in the OSS segment as well as the strength and knowledge of Ericsson Nikola Tesla’s expert teams,” said Gordana Kovačević, President of Ericsson Nikola Tesla. “BH Telecom has entrusted us with the implementation of this significant project as part of the digital transformation of their company.”