finance.yahoo.com

Uber Winds Down Nigeria Ride-Hailing Operations

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Uber said it is winding down its ride-hailing operations in Nigeria, citing that the country was never as large a market as it seemed. Nigeria has about 242.6 million people and projected 2026 GDP per capita near $1,556, but the ride-hailing sector was under 1% of a $450 million market estimate. The exit is also framed alongside Uber’s heavy robotaxi spending.

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