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Miguel Cordon · · 1 min read

Blockchain ride-hailing app Tada launches in Phnom Penh

MVL (Mass Vehicle Ledger) Foundation has officially launched its blockchain-based ride-hailing app Tada in Phnom Penh City yesterday.

MVL Foundation founder and CEO Kay Woo / Photo credit: MVL Foundation

The company also introduced new features, such as the Tada app meter.

As part of their strategic partnership, MVL inked a memorandum of understanding with Cambodian mobile wallet and payment app Pi Pay to integrate its services into the Tada app. The company also partnered with Alibaba Group’s Alipay to include its payment services in the app.

Tada, which launched first in Singapore in July 2018, uses blockchain technology in its ride-hailing service platform and promises to take no commissions from its drivers. The ride-hailing service, which is also present in Vietnam, claims it has more than 30,000 drivers and 230,000 users.

Other ride-hailing services operating in Cambodia are Singapore’s Grab as well as local players Exnet and Passapp.

Editing by Dante Gagelonia

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Miguel Cordon

Finally updated my bio.