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Sunday, 23 October 2016

Beyond Uber and Careem: Cairo’s transport apps market operates buses and boats

The ride-hailing and transport appspace is booming — in fact, dominant players Uber and Careem face competition on land and on water. Nile Taxi will launch as an app in 2017, Al Borsa reports. Meanwhile, an e-commerce solutions company e Smart Press is working on agreements with car and bus rental services to launch the Kalax app, the newspaper reports. The company is so ambitious it is trying to include not only taxis (which recently launched their own app) but, yes, tuk tuks. You heard right, there will be an app for tuk tuks. It’s one of those few moments where the we hope “the coming period” means the coming few decades. River taxi company Cairo Nile Shuttle is investing EGP 100 mn towards a first phase of expansions, according to Al Borsa.

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