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A Careem clone generates revenue through the commission-based model. It takes a certain percentage from the ride fares that are facilitated on the platform. Some of the other other revenue models are:
Ride-commissions: This core revenue stream takes a percentage from the rider fare for each completed trip. It ranges from 20-30% where the remaining is the driver’s share.
Surge pricing: The platform implements a high fare during peak hours and high demand times. This helps the drivers to take more rides and make sure that the cabs are available on peak needs also.
Premium rides: It offers premium ride options like faster rides, and luxury rides for an additional fee. It is for customers who are willing to pay premium fares for a comfortable ride.