MondoRide slashes prices again citing price development in the market

2016 saw all the taxi-hailing firms in Kenya slashing their prices as competition got stiffer by the day. MondoRide, the Dubai-based e-hailing firm has slashed prices again following the price development in the market.

The firm slashed prices in September 2016  charging Sh45 per kilometre and Sh 3 for every minute spent in a journey, plus a base fare of Sh 100 for the service.

“We are simply following the price development on the market and have lowered our rates to the same levels as our competitors.We believe this will result in a larger amount of rides for our drivers and thus further steer the growth that Mondo Ride has been on,” said Joar Lindh, Mondo Ride Head of Africa.

MondoRide’s new effected prices :

Previously the Mondo Large  cost Sh 55 per kilometre, Sh 3 per minute in addition to a base fare of Sh100 and the Budget service previously cost Sh35 per kilometre, Sh 3 per minute and Sh 100 as base fare.

The firm has also reduced the commission to drivers to eight per cent from 10 per cent.

Little Ride charges  Sh 30 per kilometer down from Sh 55, edging out Uber by Sh 5 at Sh 4 per minute with no price surges and flat base charge while Uber is charges Sh 35 per kilometre and Sh 3 per minute with  a base charge of Sh 100.