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Uber’s Exit From Nigeria and Uganda Tests the Economics of Ride-Hailing

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Sam Wakoba

Uber’s Exit From Nigeria and Uganda Tests the Economics of Ride-Hailing

Uber last week announced it had withdrawn from Nigeria and Uganda with immediate effect creating an illusion that it was giving more room to its competitors such as Yango, inDrive, Bolt, Little among other local operators, but the economics of multi-homing, thin margins and the rise of electric and...
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