Sign up USA
Proactive Investors - Run By Investors For Investors

Move over Uber: HailYes Thailand's Only Fully Legal Motorcycle Taxi Hailing System

World Moto says its HailYes service is the only legal motorcycle taxi hailing system operating in Thailand
Only one way to hail
Only one way to hail

World Moto (OTCBB:FARE) announced on Monday its HailYes service is the only legal motorcycle taxi hailing system operating in Thailand.

Thailand's Land Transport Department recently ruled that motorcycle taxi hailing services such as Grab and Uber are illegal under Thailand law, leaving HailYes as the only fully legal motorcycle hailing service operating in Thailand.

HailYes uses licensed and registered public transportation providers in Thailand to offer an e-hailing service that complies with all regulatory requirements.

Users are able to hail a motorcycle from anywhere within the coverage area, and a motorcycle taxi from a local queue will be called to service the request.

Pricing is identical to that received when hailing from the street, and any licensed transportation provider with a smartphone is allowed to join the service.

As reported in major Thai newspapers, Department of Land Transport deputy director-general Nantapong Chertchu stated that all operations must comply with the framework of the law, and urged all citizens to use only legal public transport.

This new standing for HailYes will now allow the company to launch marketing campaigns to increase awareness and demand for HailYes.

The app, available for both iOS and Android, includes several features such as driver ratings, immediate or future booking of vehicles, and electronic receipts. More than 500 legal and registered drivers are currently signed up with HailYes to offer services.

"As motorcycle taxi hailing services proliferate, transportation departments in countries around the world are recognizing the need for additional regulation of this industry. HailYes and the Moto-Meter are well positioned to take advantage of this trend as they offer all the advantages of traditional e-hailing platforms while still maintaining the safety and security that governments require to manage the sector," said World Moto CEO Paul Giles.

View full FARE profile View Profile

World Moto Timeline

February 09 2016
January 19 2016

Related Articles

Single aisle aeroplane
September 14 2017
A bit like Doctor Who, the company likes to regenerate periodically
Copyright ©, 2017. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use