Ibadan is Nigeria’s third largest city with a population of 3 million people and it is fast becoming the new battleground for bike hailing services.

While the mobility sector has been in the news in the past year, most of that has been about the activities of bike hailing startups. In mid-2019, funding rounds by these startups suggested that the sector had promise.

In May 2019, Gokada raised $5.3 million while MAX.ng raised $7 million in June 2019. In July, OPay, with its Chinese backers, raised $50 million, and went on to raise an additional $120 million four months later.

Away from the spotlight, the city of Ibadan is where MAX, ORide and Safeboda are turning their attention to. While ORide launched in Ibadan in July 2019, SafeBoda and MAX.ng have launched within one week of each other.

Read the full story here: https://techcabal.com/2020/03/05/bike-hailing-ibadan/

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