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Ride-Hailing Driver Networks in Vietnam: A Comparison

Ride-hailing services have become an integral part of urban transportation in Vietnam, providing convenient and affordable mobility options. Three major players dominate the market: Be, Grab, and Xanh SM Bike. Each of these companies has a substantial network of drivers to meet the growing demand for their services.

Be:

Be ranks among the leading ride-hailing platforms in Vietnam, with a driver network that rivals Grab’s. The company currently boasts approximately 300,000 drivers, offering a wide range of transportation options to customers.

Grab:

Grab, the regional ride-hailing giant, has a similar driver network size to Be. With over 300,000 drivers in Vietnam, Grab provides a reliable and comprehensive service to its customers.

Xanh SM Bike:

Xanh SM Bike, a smaller but rapidly growing ride-hailing company, is also making significant strides in expanding its driver network. The company projects that it will reach 90,000 drivers by the end of the year. This growth is fueled by the company’s focus on affordable and environmentally friendly transportation options.

Comparison:

The driver network sizes of Be and Grab are comparable, with both companies maintaining a presence of over 300,000 drivers in Vietnam. This indicates a competitive market where both companies are striving to attract and retain drivers.

Xanh SM Bike has a smaller driver network compared to Be and Grab, but it is experiencing rapid growth. The company’s focus on sustainability and cost-effectiveness is attracting a growing number of drivers who align with its mission.

Conclusion:

The ride-hailing market in Vietnam is highly competitive, with Be, Grab, and Xanh SM Bike vying for market share. The size of each company’s driver network plays a crucial role in providing reliable and accessible transportation options to customers. As demand continues to grow, these companies will likely continue to invest in expanding their driver networks, ensuring that Vietnamese citizens have access to convenient and affordable ride-hailing services.