Advertise on Bizcommunity

Subscribe to industry newsletters

MTN's ride-hailing app popular in Iran

MTN's ride-hailing app in Iran facilitated about 850,000 trips a day in December, which would rank it among Uber's biggest markets globally, management said recently.
© miro kovacevicvia 123RF
The telecoms company has an effective stake of about 40% in Iranian ride-hailing business Snapp and food delivery business Snappfood, among other internet interests in the country.

Snapp, which operates mainly in Tehran, was launched in 2014 as Iran's answer to Uber, which is banned in Iran.

"We've seen the whole internet business in Iran grow tenfold in one year [2017] and a big part of that has been Snapp," MTN chief financial officer Ralph Mupita said.

SOUTH AFRICA

How ride-hailing apps are benefitting female drivers

A recent report by IFC, a sister organisation of the World Bank and member of the World Bank Group, shows that ride-hailing apps boost women's income and ease their entry into the transportation industry...

8 Mar 2018



MTN has other ride-hailing interests in the Middle East, including a platform called Easy Taxi. The company's internet business in Africa was also growing quickly, Mupita said.

MTN wanted to build the African business in a similar way, although Mupita declined to speculate if they would launch ride-hailing apps in Africa, saying that the region was more segmented than the Middle East.

"In some [African] markets, food delivery, for example, won't make sense " It's a market-by-market approach."

Source: Business Day
Get a daily news update via WhatsApp or sign up to our newsletters.


SOURCE

I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
Comment

News