FastGo currently operates in Vietnam and Myanmar. It plans to launch in five other countries in the region, such as Indonesia and the Philippines, by the end of this year.
A nine-month-old Vietnamese start-up is hoping to carve a place for itself in Singapore's ride-hailing scene, which is currently dominated by industry giants Grab and Gojek.
The initial fleet size will be at least 3,000 cars on the roads here, FastGo Singapore country manager Diep Nguyen told The Straits Times. The LTA spokesman added that all prospective private-hire car service operators must comply with existing regulatory requirements before being allowed to operate here.
National Private Hire Vehicles Association executive adviser Ang Hin Kee said:"Collecting subscription fees is one novel way of recruiting drivers, but the litmus test is the ease of getting commuters and collecting good earnings.
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