inDrive Hits 5 Billion Rides as Global Expansion Continues

18 Oct 2024

inDrive has announced the completion of 5 billion successful ride bids as of September 2024. The landmark moment, where the 5 billionth deal was completed between a driver and passenger in Peru, highlights the company's rapid global growth since its inception.

Launched in 2012, inDrive introduced a unique bid-based pricing model aimed at providing a fairer ridesharing experience for both drivers and passengers. Over the past 11 years, the company has expanded its reach, with passengers now collectively having traveled 32 billion kilometers, equivalent to over 123,500 years in total travel time.

The company’s growth has not been limited to ride-hailing alone. inDrive has also diversified its services, most recently entering the financial services space for drivers in Mexico, underscoring its commitment to creating opportunities across various sectors.

Reflecting on the milestone, Mark Loughran, President and Deputy CEO of inDrive, expressed his appreciation for the team and the community that has fueled the platform’s success. "Hitting 5 billion deals is not just a numeric achievement. It represents the real-world impact we're making – whether that's improving mobility in underserved areas, creating jobs, or supporting nonprofit initiatives through our inVision program, which focuses on enhancing access to sports, arts, and education."

Loughran further emphasized that the company is on a mission to positively impact 1 billion people by 2030, with this milestone serving as further motivation to grow sustainably while driving positive social change around the globe.

Play audio


Share:

Comments

No comments

Add your comment

Search Blog

Recent Posts

Nigeria’s SEC Grants Sycamore License to Operate as a Fund/Portfolio Manager In a significant development for the Nigerian fint...
How to Set Up an Agile Workflow for Your Development Teams In today's fast-paced tech landscape, the ability...
Ethical AI: Balancing Innovation with Responsibility The rapid advancement of artificial intelligence (...
Federal Government Launches Training Initiative for Two Million IT Jobs The Federal Government of Nigeria is set to provid...

Related Post

GIIG and SparkRockets Launch the First AI Tool to Accelerate Startup Ideation in Africa
The Global Innovation Initiative Group (GIIG) has announced a partnership with S...
Lagos, MTN Nigeria Unveil MyLagosApp to Transform Urban Mobility
MTN Nigeria, in collaboration with the Lagos State Government, has launched MyLa...
Nigeria Customs Eyes Tech-Driven System to Enhance Trade Efficiency
The Nigeria Customs Service (NCS) has announced plans to implement an Automated...
Logo

Accelerating the growth of Africa's tech ecosystem