Companies like Uber, Lyft, Hailo, Sidecar and Gett, alongside Indian startup Olacabs and Didi Dache in China and dozens of others are competing head-on with traditional taxi and limo business.
These companies are almost exclusively going after the highly lucrative on-demand market, taking care of customers who need a ride, and need it now.
The ease of use of well-designed apps, ubiquity of smart phones and highly competitive pricing is slowly, but very surely, going to change the on-demand taxi business on a global basis forever.