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Web3 Ride-Hailing App TADA to Enter New York Market in June 2026

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Market cap leader TADA, a Web3 ride-hailing app, is set to enter the New York market in June 2026. The app connects drivers and riders using blockchain smart contracts, ensuring fairer earnings and lower costs. Launched in 2018 by South Korean founders in Singapore, TADA charges a flat software fee, not a commission. Revenue hit $19.8 million in October 2024. It already runs in Cambodia, Vietnam, Thailand, Hong Kong, and is trialing in Denver. Co-founder Kay Woo said the move will offer New York drivers a better alternative to Uber and Lyft. TADA’s strong market performance continues to attract attention across Asia and the U.S.

According to TechFlow, Web3 ride-hailing app TADA plans to launch in New York in June 2026. The app uses blockchain technology to connect drivers and passengers via smart contracts, offering higher transparency, fairer driver earnings, and cost savings for passengers. TADA, founded in 2018 by South Korean entrepreneurs Kay Woo and Jay Han in Singapore, operates on a zero-commission model, charging drivers a fixed software fee instead of taking a cut. As of October 2024, TADA reported revenue of $19.8 million, up from $15.7 million in 2023. The app is currently active in Cambodia, Vietnam, Thailand, and Hong Kong, and is conducting a technical trial in Denver, U.S. Co-founder Woo said TADA will offer drivers in New York a new alternative to traditional ride-hailing platforms like Uber and Lyft.

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