Uber Exits Nigeria and Uganda as Its African Footprint Continues to Shrink
News broke on September 10 that Uber has immediately ceased operations in Nigeria and Uganda, officially pulling out of the two African markets. Uber stated that the exit is a difficult decision made after a comprehensive review of its business operations, though it did not elaborate on specific reasons for the withdrawal. The Federal Competition and Consumer Protection Commission (FCCPC) of Nigeria has launched an investigation, focusing on verifying whether Uber has failed to deliver services, complete transactions, or fulfill other outstanding obligations. For the Ugandan market, Uber said it will continue to provide user support via its app for three weeks to resolve unfinished transaction issues. The retreat comes as Uber pushes forward with a global business restructuring, under which the company plans to cut roughly 10% of its global workforce and further ramp up investment in its robotaxi business. This article was first published on the official website of Ebrun. [Source: Ebrun Go, an automated writing robot developed by Ebrun. It delivers real-time intelligence on the e-commerce sector powered by algorithms. As the tool is still in its early stage, you are welcome to contact run@ebrun.com or leave messages to help it improve.]
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