Tag Archives: Uber
Uber: Latest News
Peter Pedroncelli, 4:33 am
A Kenyan taxi-hailing app called Little Cab is set to take on the Nigerian market from October, moving on to turf currently dominated by more established players in Uber and Taxify. Kenyan tech firm Craft Silicon’s on-demand ride service, which is backed by leading East African mobile operator Safaricom, will launch operations in the Nigerian city of Lagos from October 8.
Kurt Davis Jr., 5:25 am AFKI Original
There are currently 300 tech hubs in 93 cities across 42 countries on the African continent. The growing number of tech hubs and developers is drawing significant investment, with more than $366 million invested in startups across Africa in 2016. Despite these positive numbers, a few tweaks could help in boosting the African tech scene and increasing the likelihood of success for African startups.
Staff, 9:36 am
One of Silicon Valley’s top black female executives, Bozoma Saint John, has left tech giant Apple to join ride-hailing service Uber. Saint John, who was born in Ghana before moving to the U.S. when she was a teenager, was a marketing executive at Apple and has now taken on the role of Uber’s new Chief Brand Officer, the company announced on Twitter. Her appointment comes at a time when Uber has been criticized for its management practices and company culture, TechCrunch reports.
Global Risk Insights, 6:33 pm
Proponents of the sharing economy say Uber and Airbnb benefit Africa, but who exactly is benefiting? They’re inserting themselves into existing informal sharing dynamics, acting as corporate middlemen and disrupting existing livelihoods. Underdeveloped formal sectors and high unemployment in Africa created the sharing economy out of necessity. Uber and Airbnb are taking a share of the profits.
Tom Jackson, 8:48 am AFKI Original
Uber says there’s enough room in Africa for all types of taxi and ride-hailing services. The US-based tech company headed off early competition on the continent, but new competitiors are rising. Uber hypes up the competition, saying it means more choices that are affordable, reliable, and produce jobs. One new Uber competitior, Africa Ride, offers drivers a share in the business, saying it empowers them more than Uber does. “Drivers will want to log in on the app which they own and have control over,” said Africa Ride founder Thabo Mashale.
The Conversation, 9:16 am
Disruptive competition through technology can benefit consumers, but it also raises socioeconomic issues. Africa is no exception. There are concerns that Uber, with its first-mover advantage in the ride-sharing market, is growing into a monopoly despite the benefits to consumers. Traditional metered taxis are seeing red. In South Africa, new entrants into the ride-sharing app market have made little progress. The picture is very different in Kenya. Safaricom appears to have overcome the seemingly insurmountable first-mover position enjoyed by Uber.
Dana Sanchez, 1:05 am
South Africa’s metered-taxi drivers are getting their own taxi hailing app to compete with Uber, and Uber says bring it on. In their latest protest against Uber, members of the SA Metered Taxi Association on Friday blocked highways and entrances to O.R Tambo International, the country’s busiest airport. Uber says there’s enough business to go around in Africa, and it encourages the competition to use technology to access what it says are abundant economic opportunities. As the price of smartphones fall and mobile penetration rises, Uber is also looking for more opportunities to invest in Africa’s taxi-hailing industry.
Dana Sanchez, 1:45 pm
In the process of tapping into the sharing economy, Airbnb tapped into a relatively unfilled niche in Africa — the need for reliable, mid-range accommodation in African cities. Doing so helped Airbnb become the second most valuable U.S. startup in 2016. Valued at $68 billion, Uber is the most valuable startup in the U.S. and across the globe — proof that you can get rich by sharing.
Kevin Mwanza, 9:29 am
Little Cab, a taxi-hailing app owned by Nairobi-based technology firms, Craft Silicon, and East Africa’s biggest telecommunication provider, Safaricom, plans to expand its operations to Uganda and Nigeria as it intensifies its market battle against the dominant U.S.-based taxi-haling firm, Uber. The decision is likely to change the app’s fortunes, whose increase in customers in Kenya has not led to a rise in its earnings
Dana Sanchez, 11:23 am
In the same way that ATMs did not make bank branches obsolete, autonomous cars won’t make Uber drivers obsolete, said Alon Lits, managing director of Uber sub-Saharan Africa. All the major auto makers are experimenting with autonomous vehicles, but Uber, which has disruption embedded in its DNA, is the first to actually put it to test on city streets with everyday commuters. The Uber test cars in Pittsburgh aren’t actually self driving. Uber employees are behind the wheel in case the cars’ self-driving systems make mistakes.
- Real Estate