Assume coe $120k
Per day is about $33
Petrol $50?
Tax, maintenance, others $30?
cogs =$110
Net revenue = $200
Profit = $90 for 12 hours?
COE now is $88k you assume $120k.
And who buy new car to lalamove. It's like you own a car for other reasons, use it on your off day to earn something.
