A new Malaysian online taxi-hailing company, called Kochi, is preparing to launch and take on the ride-hailing market. From Mindmaster Technology, this new platform is for unorganized car and taxis. The mobile app will use GPS and seeks to get rid of the traditional commission charge and only requires a subscription fees of around $275 a year.
If a passenger who downloads PIU app recommends it to five other persons and they download the app and took at least one ride, the first passenger will become a golden customer. A golden customer who takes at least four rides a month will be eligible for RPS (Ride Profit Share) scheme, which gives a chance to earn financial benefits.
Those who use PIU app need not pay any surcharges. The app will start functioning in Kannur, Kozhikode, Malappuram, Thrissur, Ernakulam, Kottayam, Kollam and Thiruvananthapuram this month. Within six months of starting the service, about 800 people will get employment.
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