Uber exit opens $450m Nigerian e-hailing market

punchng.com · economy
✨ AI Summary

Uber has pulled out of Nigeria, leaving a ride-hailing market worth roughly $450 million up for grabs. Bolt and inDrive are already courting the drivers and passengers the American company left behind. Both rivals expect to pick up volume quickly in the cities where demand is strongest. How they handle pricing and driver commissions in the coming months could decide who ends up leading the market.

Following Uber’s exit from Nigeria, competitors like Bolt and inDrive are positioning to capture a larger share of the country’s $450m e-hailing market. Read More: https://punchng.com/uber-exit-opens-450m-nigerian-e-hailing-market/

Read full article →