
GetGo
GetGo is the simplest way to access hourly car rental in Singapore!.
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 125 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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GetGo is a Singapore-based startup that operates the largest car-sharing service in the country. The company offers a convenient and affordable way for individuals to rent cars by the hour or day, without the need for deposits or membership fees. This makes it an attractive option for a wide range of clients, from occasional drivers to those who need a vehicle for specific tasks or trips.
GetGo's primary market is urban residents who may not own a car but need one occasionally. The service is particularly appealing in a densely populated city like Singapore, where owning a car can be expensive and parking can be challenging. By providing easy access to vehicles, GetGo helps reduce the need for car ownership, which can also contribute to less traffic congestion and lower emissions.
The business model is straightforward: users find and book cars through the GetGo app, choose the type and model that suits their needs, and unlock the vehicle using their smartphone. The company charges users based on the hours and mileage they use the car. This pay-as-you-go model ensures that customers only pay for what they use, making it a cost-effective solution for many.
GetGo makes money by charging for the time and distance the cars are used. There are no hidden fees, and fuel costs are included in the rental price, which adds to the transparency and simplicity of the service. The company has a fleet of over 3,000 cars spread across more than 1,600 locations in Singapore, ensuring that users can find a car near them quickly and easily.
In summary, GetGo is revolutionizing urban mobility in Singapore by providing a flexible, affordable, and user-friendly car-sharing service. It caters to a diverse clientele, operates in a high-demand urban market, and employs a straightforward business model that benefits both the company and its users.
Keywords: car-sharing, Singapore, urban mobility, no deposit, no membership fees, hourly rental, app-based, affordable, flexible, fuel-inclusive.