Taxi service PickMe reduces fares by 6% to Rs.33 per km

Business

Sri Lankan taxi service -PickMe, calling it a strategic move to bring greater benefits for drivers and patrons, has reduced its three-wheeler fares to Rs.33 per km, from a previous fare of Rs.35 per km.

The decision was made following a comprehensive study done on the trip patterns of local tuk-tuk (three-wheelers) passengers which brought to light the reason for most taxi-riding grievances of both driver and passenger, the company said in a media release on Thursday.

While some passengers needed to get from A to B as soon as possible, others used taxis for more accommodating needs such as to get their shopping done or for sightseeing. Taxi drivers, especially those who felt they had a good chance of being hired more often than not, felt that they were losing an opportunity-cost when they were hired for the later purpose. This is the problem PickMe aims to solve by their new price revision, it said. - ENDS -

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