Uber to Exit Nigeria, Uganda as Part of Global Restructure

US ride-hailing giant Uber Technologies Inc. is shutting down its services in Nigeria and Uganda from September 2, following a global review of its operations.

“This decision is limited strictly to these two markets and does not impact our operations across the rest of the continent,” said an Uber spokesperson in response to questions. “Uber remains deeply committed to sub-Saharan Africa, where we continue to see robust growth and long-term opportunity.”

The move forms part of a wider restructuring of the company under CEO Dara Khosrowshahi as the company refocuses resources on higher-return businesses such as autonomous vehicles. The company will cut 3,300 jobs, or about 10% of its workforce.

The ride-hailing company launched in Lagos in 2014, with rivals such as Bolt following later. Uber’s Uganda operations were started in 2016.

Read more: Uber to Cut 10% of Jobs, or 3,300 Roles, to Slash Bureaucracy

Uber did not give a reason for its decision to exit Nigeria, Africa’s most populous nation with more 200 million people, where double-digit inflation in the past decade has eroded purchasing power and pushed millions of people into poverty.

Estonia-based Bolt has been the main competitor to Uber’s services in Nigeria. Other ride firms have also emerged in the last few years, cutting into Uber’s once-dominant market share.

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