Meaning of the word ride-hailing in English

What does ride-hailing mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

ride-hailing

US /ˈraɪdˌheɪlɪŋ/
UK /ˈraɪdˌheɪlɪŋ/
"ride-hailing" picture

Noun

1.

the action of requesting and paying for a ride in a vehicle through a mobile app, typically from a private driver

Example:
Many people prefer ride-hailing services for their convenience.
The growth of ride-hailing has impacted traditional taxi industries.
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