At 10 million customers, Taxify is challenging Uber in Europe and Africa
10 million
Taxify has amassed 500,000 drivers and 10 million customers across 40 cities across Europe and Africa, directly challenging Uber’s hold on the ride-hailing industry.
Published
| Photo by Reuters/Ints Kalnins Markus Villig, Taxify’s 24-year-old founder and CEO, says he’s not daunted by Uber nor its monopoly. He’s also had more success navigating Europe’s strict transportation laws.
That home-court advantage paid off: Five years after launch, Taxify is a $1 billion unicorn, solidifying its status as Uber’s biggest rival in Africa.
Kenya’s ride-sharing apps cut prices to rival each other
European and African platforms are giving Uber plenty of competition, with companies like Taxify, Mondo Ride, and Little Cab cutting prices, customizing deals, and giving drivers larger earnings.
Meanwhile, Uber’s pulling back in Asia and facing pressure to cut losses elsewhere, while also dealing with regulatory setbacks and diversity concerns.
South Africa is Uber’s biggest market in sub-Saharan Africa
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