In the context of a slowing economy and inflationary challenges, Cabify, the prominent Ibero-American mobility platform, achieved remarkable growth in 2023, exceeding market expectations.
According to recent data, the company recorded an increase in its operations by 30% compared to 2022, focusing mainly on the special vehicles category, which witnessed an increase of more than 40%.
Manuel Torres, Cabify’s Country Manager for Colombia, highlighted the company’s expansion in the country, highlighting the introduction of new navigation options and personalized tools into the app.
These developments have been key to delivering a more personalized experience to users. Moreover, in the coming year, Cabify seeks to strengthen its role as a key ally in urban mobility, combining innovation and sustainability.
Cabify’s growth has not been limited to its core operations, as it has also seen a significant increase in its user and driver base, with the number of passenger users increasing by 12% and the number of driver users increasing by 25%.
The Transport Supervisory Authority’s penalty is against three platforms that provide transportation service.
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This reflects the growing preference for safer and more efficient mobility options. On the enterprise side, Cabify for Business saw 40% growth over the previous year.
The company also announced a more than 25% increase in driver earnings, driven by new categories such as ‘As Soon As Possible’ and ‘Make Your Offer’, which have led to increased demand for rides. These innovations have not only improved drivers’ income, but also improved the user experience, with a 15% increase in efficiency in vehicle allocation and reduced waiting time.
In terms of service diversification, Cabify has responded to changes in market preferences by strengthening its portfolio. This includes the launch of “Make Your Offer”, to negotiate prices between passengers and drivers, and “Cuanto Antiguo”, which has tripled the number of its flights. These tools have allowed us to reduce contact time with drivers to just 31 seconds and ensure vehicles arrive in less than five minutes for most trips.
Cabify has also demonstrated a strong commitment to sustainability, supporting local projects through donations and developing initiatives with various strategic allies. By 2024, the company plans to continue investing in these alliances, as well as maintaining its support for Colombian sports, and renewing its cooperation with the Betplay Dimayor League as the official mobility app.
The company received funding for its sustainable mobility project
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As part of its efforts to promote sustainable urban mobility, Cabify is exploring the deployment of a fleet of electric vehicles by 2024, especially to serve corporate customers. In addition, the company plans to add new tools for shared corporate travel and additional services such as travel credits and transportation on trucks and buses.
The company, which has a presence in more than 40 cities in Latin America and Spain, has more than 50 million registered users, 1.5 million partner and collaborator drivers, and more than 1,000 employees around the world.to. Cabify emphasizes its commitment to sustainable and profitable growth, maintaining remarkable business growth around the world.
Finally, Cabify has strengthened its presence in airports and terminals, with a 45% growth in flights related to El Dorado International Airport. This positive trend comes as a result of its focus on personalization and security, ensuring that this segment continues to strengthen in the future.
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*This content has been rewritten with the help of artificial intelligence, based on information published by Portfolio, and reviewed by a journalist and editor.
