Ridesharing startup disrupted Davos

Toronto Telegraph
08 Feb 2019, 10 GMT+10

A community based service RideCheap is rocking Davos during 2019 World Economic Forum. In a couple of days, the app was downloaded 2300 times.

The guests of WEF in Davos actively use ridesharing to move across the city, and it proves to be better than the old options in a number of ways.

RideCheap connects drivers and passengers, allowing them freely bargain on prices and conditions of the ride. Each shared ride has a number of benefits on a larger scale. For example, less loaded roads, which is crucial for compact Davos streets. It can also provide a solution to many lingering traffic issues all over the world.

Moreover, ridesharing contributes to tackling global ecology problems, lowering emissions of harmful exhaust gases. Others say it can offer a solution to long-term psychological problems of today's society, like anxiety and depression, by forming strong communities.

All those features make ridesharing with RideCheap a must-try-thing in this year's Davos - as soon as social benefits and sustainability of things are always a hot discussion topics behind the scenes of official WEF program.

Click here for further information

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Toronto Telegraph.

More Information

20 ℃

Mostly Cloudy in Toronto

Business

Section

Chinese stocks take a beating as U.S. pressure builds

SYDNEY, Australia - Stocks in China tumbled on Wednesday as the United States stepped up pressure on a broad range ...

Jersey and UAE exploring mutual opportunies as leading UAE bank exits

ABU DHABI, UAE - The United Arab Emirates and Jersey governments are in talks about investing further in each other's ...

Energy stocks boost Wall Street Tuesday

NEW YORK, New York - Led by the energy sector, U.S. stocks rebounded on Tuesday after a lacklustre trading session ...

Victory for Trump as UK bows to pressure and locks out Huawei

LONDON, UK - Britain's Digital Secretary Oliver Dowden has told the House of Commons that by the time of the ...

Sales of passenger vehicles in India fell nearly 50% last month

New Delhi [India], July 14 (ANI): Passenger vehicle sales in India tumbled 49.6 per cent in June, data released by ...

Long-term economic fallout of Covid-19 could persist for a generation

The COVID-19 pandemic's toll on economic activity in recent months is only the beginning of the story. While the rapid ...

Canada

Section

Movie Review

War and Peace (Vojna i mir)

Featured story

Ireland's Keywords Studios acquires Canada's Snowed In

DUBLIN, Ireland - Following its successful acquisition of Hollywood-based Blindlight, Irish video-gaming company Keywords Studios has now announced its latest accomplishment. Keywords r ...