Posted On July 25, 2014 By In Business, Top Stories

Uber Launches in Lagos

Silicon Valley car service company, Uber launched in Lagos this week.  Lagos is the fourth African city and the 145th city in the world where the startup is launching in since its founding in 2009. This follows the recent launch of the company in Hong Kong earlier in the week.

Initially, the service will be available on the Island and will have limited cars running for the meantime.

Ice Prince became their first customer, and with that launched Uber in Lagos. Lagos — the commercial capital of Nigeria, and one of the biggest cities in the world seems like a place of extraordinary opportunity for the San Francisco firm. For a limited time, Uber is offering the promo code “LAUNCHLAGOS” to get
₦2000 off your first ride in Lagos.

Recently, Uber raised $1.2 billion from a group of investors valuing it at $18.2 billion. In total, the company has raised about $1.5 billion from prominent investors in Silicon Valley. The company has stated that it would use the money raised to expand to various markets around the world and it seems to further accelerated its expansion phase all over the world.

The company is looking to expand its team by hiring a General Manager, Operations Manager and Community Manager.

What do you think about Uber’s launch in Lagos? Please comment below.

Follow Uber Lagos on Twitter

Source: Uber Lagos’ blog; Uber’s Crunchbase

 Photo: T HAVA/Flickr under a Creative Commons Licence

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Akin is a writer at Technesstivity since June 2011 covering the use of technology in everyday life ranging from entertainment to business. A native of Lagos, Nigeria, he is a business economics student at the University of Liverpool. He has a knack for the role of venture-capital in funding innovative companies. He aspires to one day be a venture capitalist and investor. When in his spare time, the could be seen writing articles, reading books, listening to music, working on student radio and socialising with friends.