Taxify aims for 10-fold Africa growth, to overtake Uber in Europe

Taxify CEO Markus Villig speaks during his intervention at the Web Summit in Lisbon, Portugal November 8, 2018. Picture taken November 8, 2018. REUTERS/Rafael Marchante

Taxify, a European-based rival to Uber and the leading app-based taxi-hailing platform in Africa, expects to grow its African business 10-fold over the next two years while it works to dethrone Uber in Europe, its chief executive told Reuters.

Markus Villig said his firm, which has 15 million customers and half a million drivers on its platform in more than 25 countries, was on track for its drivers to rake a combined €1bil (RM4.7bil) from rides this year.