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20 USDT
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Web3 ride-hailing app TADA will enter the New York market in June 2026
Deep Tide TechFlow News, December 26th, according to Fortune, the Web3 ride-hailing app TADA plans to officially enter the New York market in June 2026. The app uses blockchain technology to connect drivers and passengers through smart contracts, with its decentralized technology offering greater transparency, fairer driver earnings, and cost savings for passengers.
TADA was founded in 2018 in Singapore by Korean tech entrepreneurs Kay Woo and Jay Han. It is known for its “zero commission model,” charging drivers a fixed software fee instead of a cut. As of October 2024, TADA’s revenue reached a record $19.8 million, up from $15.7 million in 2023.
Currently, TADA has expanded into Asian markets such as Cambodia, Vietnam, Thailand, and Hong Kong, and is conducting technical pilot operations in Denver, USA. Co-founder Woo stated that TADA will offer new options for drivers in the New York market, challenging traditional ride-hailing platforms like Uber and Lyft.