MTN mulls sale of stake in Snapp, Iran’s UberBy Loni Prinsloo8 August 2020 MTN Group is considering selling its stake in Iran’s ride-hailing app Snapp as it trims its e-commerce portfolio and plans an exit of the Middle East.
MTN-backed Snapp, the ‘Uber of Iran’, hits 2m rides a dayBy Agency Staff1 April 2019 Snapp, also known as the Uber of Iran, said its ride-hailing app is generating two million fares a day as young people in Tehran embrace technology in a market that’s off-limits for western investors.