SearchMTN's ride-hailing app popular in Iran

MTN's ride-hailing app popular in Iran...
bizcommunity.com 12/03/2018 Internet-IT

Keywords:#Africa, #African, #Bizcommunity.com, #Iran, #Iranian, #MTN, #Middle_East, #Snapp, #Tehran, #Uber

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.
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
---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... ---
...

Read more from Source »

Related articles based on keyword density
With a €20 million Series A Snapp opens up ride-sharing in Iran...
techcrunch.com 09/10/2016 Internet-IT
By Elmira Bayrasli (@endeavoringe) Investors have turned Iran into the latest country to embrace the ride sharing and car-hailing app phenomenon. Th...View Details»

Iran Plans Higher Fees for Riskier Oil Fields in New Accords Iran Plan...
bloomberg.com 25/02/2014 Economy
By Golnar Motevalli and Anthony DiPaola Feb 24, 2014 Iran will offer foreign partners incentives to find and pump more crude and natural gas and will ...View Details»

Iran’s water crisis the product of decades of bad planning - The Washi...
washingtonpost.com 03/07/2014 Nature
By Jason Rezaian July 2 at 7:00 AM Follow @jrezaian TEHRAN — Iran is headed for a water shortage of epic proportions, and little is being done to re...View Details»

Iran’s volleyball snares historic Olympic berth after 52 years ...
en.mehrnews.com 05/06/2016 Sports
News ID: 3676230 - Sat 4 June 2016 - 16:02 Sports TEHRAN, Jun. 04 (MNA) – Iran national volleyball team beat Poland at the 2016 Olympic men’s volleyb...View Details»

Global “Elders” urge Iran to build on nuclear deal - The Washington Po...
washingtonpost.com 28/01/2014 Politics
TEHRAN, Iran — The former head of the United Nations urged Iran Monday to build on a historic deal reached with world powers in November and work towa...View Details»


EOF