Drivers working for Uber, Bolt and other ride-hailing services in South Africa embarked on a strike to protest against record-high petrol prices.
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Uber Technologies will one day join the likes of Microsoft by accepting bitcoin as a payment option on its app.
Moove, the African fintech start-up that partners with Uber, has announced its second major fundraising round in less than six months.
Bolt, a rival of Uber’s ride-sharing and food delivery business, plans to focus on Europe and Africa for now, CEO Markus Villig said.
Uber Technologies wants to expand its zero-emissions pledge to food delivery and make the business environmentally sustainable.
DiDi Global has suspended plans to expand in Europe partly because of concerns over how the Chinese ride-hailing company handles passenger data, according to a person familiar with the matter.
Uber Technologies has announced a huge expansion of its operating base in South Africa, launching in 21 of the country’s smaller cities and towns, and reaching 80% of the urban population.
Chinese-owned Uber Technologies rival Didi Chuxing Technology – better known as DiDi – will be launched in Johannesburg and Pretoria next Monday, 23 August.
Moove, a Nigerian fintech start-up that also operates in South Africa and Ghana, has raised $23-million (R335-million) in series-A funding to expand its tech-based vehicle financing platform.
Bolt Technology, which competes with Uber Technologies in Africa and Europe, doubled its valuation to €4-billion after raising money to finance a grocery delivery service.