Why is Uber pulling out of some African markets?
Uberโs exits from Nigeria and Uganda highlight the growing challenges of making ride-hailing work in Africa.
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Uberโs exits from Nigeria and Uganda highlight the growing challenges of making ride-hailing work in Africa.
Ride-hailing platform Uber will submit its operatorโs licence application in Hong Kong by the end of October, its local general manager has revealed, as the city government moves to regulate the service. The platform also said on Tuesday that Hong Kong residents accounted for the largest share of its users in Macau, months after it relaunched in the gaming hub in February following a nearly decade-long absence. โWeโre putting our best foot forward, making sure we can comply with the government...
Go, the taxi booking app operator that pulled off Japanโs biggest initial public offering this year, is eyeing ways to expand domestically and across Asia, and doesn't see competitors like Uber as a threat. Go President Hiroshi Nakajima spoke exclusively with Bloomberg's Shery Ahn about Japan's unique ride-hailing market and future opportunities like robotaxis. (Source: Bloomberg)
Uber has announced its immediate withdrawal from Nigeria and Uganda. The decision comes amid a global restructuring, but mainly as Uber has lost significant ground to its competitors in both countries.
In tonight's programme, a UN report says foreign fighters and support networks are fuelling Sudanโs war and worsening violence against civilians. Also, Uber is pulling out of Nigeria and Uganda, leaving thousands of drivers scrambling for new sources of income. And finally, we discuss the festival with co-director Diarah NโDaw-Spech and Laurence Cole, co-producer of the Nigerian film "Shadow of Greed".
Uber is leaving Nigeria and Uganda, ending its ride-hailing services in the two African markets with immediate effect.
London is entering the era of autonomous vehicles: driverless cabs are now available through Uber and British tech firm Wayve in the capital. It marks a setback for Google's Waymo and Chinese giant Baidu, which have been eyeing Europe as a largely untapped market for autonomous vehicles. But for Wayve, it is its first mass-market rollout, and the company now plans to expand to Tokyo and 10 other cities with Uber.
Nigeria - Africa's most populous country - is proving a tough market for ride-hailing services.