Heetch innovates with a new business in Africa

Heetch innovates with a new business in Africa

Faced with fierce competition from private hire vehicle (PHV) services on the continent, the French company intends to stand out from the rest and diversify its revenue streams.

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            ▪ Heetch innovates with a new business in Africa

▪ Faced with fierce competition from private hire vehicle (PHV) services on the continent, the French company intends to stand out from the rest and diversify its revenue streams.

https://www.africabusinessplus.com/en/815142/heetch-innovates-with-a-new-business-in-africa/

Despite Uber’s unequalled clout and market value of about $65bn, and Bolt’s announcement of a $500m investment in Africa, Heetch seeks to gain an edge in the fiercely competitive African market. The company, founded by Teddy Pellerin and Jacob Mathieu, hopes to deliver this through a vehicle financing offer for its drivers.

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