The Ride-Sharing Services in Bangladesh: Current Status, Prospects, and Challenges

Abstract

The study reveals the current status, prospects, and challenges of ride-sharing services in Bangladesh. The current status and prospects are analyzed from the viewpoint of customers and users with a sample of 200 and the challenges have been traced from the business perspective with a sample of 10 executives of different ride-sharing organizations. There are 177 and 8 respondents from the sample of 200 and 10 respectively. It has gained an immense acceptance among the young generations and businesses due to its distinct prospects, for instance, real-time response, more convenient, on-demand location, user-friendliness, and so on. The major challenges have been identified as fund shortage, lack of logistic support, lack of awareness, adverse government policies, intense competition and so forth.

Keywords: Ride-sharing services, prospects, challenges, Bangladesh.

DOI: 10.7176/EJBM/11-31-05

Publication date: November 30^th 2019