Gokada suspends operation After A 5min Trip By Its CEO Took More Than 15min

Must Read

TAJBank Launches Nigeria’s 2nd Non-Interest Financial Institution (Photos)

Abuja Nigeria   December 2nd 2019, TAJBank, Nigeria’s second Non –Interest financial institution, has announced the launch of its services...

Here are the world’s most popular city destinations in 2019

Euromonitor International recently released the “Top 100 City Destinations 2019” ranking report, covering the world’s leading cities ranked by...

THE BENEFITS OF REAL ESTATE: Why Youths Should Begin Investing More

Real estate includes land and anything fixed, immovable, or permanently attached to it such as buildings, fences, appurtenances, fixtures,...
- Advertisement -
- Advertisement -

Gokada, a Lagos-based on-demand motorcycle taxi-hailing app, has suspended its services.

In a statement sent to users on Wednesday, Gokada said the compulsory break would last for 12 days beginning from Wednesday, August 14 to Sunday, August 25.

“We are dedicated to rewriting the ills the motorcycle taxis represent. This has nudged us to take this compulsory break of 12 days which begins Today, Wednesday, August 14th 2019 to the 25th August 2019,” it said.

“We will be back Monday, August 26th, with retrained drivers who are safety conscious, clean, courteous and are better with driving and navigation.

“Other features to expect include better traffic law-abiding pilots, brand new bikes amongst other things.

Read:  Hail the making of a Ride Hailing Giant!

“We are deliberate in our commitment to revamping the narrative of transportation.”

In a statement on his Medium page, Fahim Saleh, Gokada CEO, said the company has failed in some ways despite succeeding in others.

“Increased competition, regulatory hurdles, and operational issues have forced us to make this decision. We thank all our loyal users and are truly sorry for this inconvenience,” he wrote.

“Gokada was started to change the perception of what the bike taxi could be in terms of safety, convenience, and transparency. In many ways, we’ve succeeded but we have also failed. We can only win by doing right to our customers and our pilots.”

Read:  How Uber Has Impacted The Business World
Read:  COWBELLPEDIA SEMI-FINALIST EMERGES OVERALL SECOND BEST IN THE 2019 UTME

The company, which started operations in February 2018, said it was already completing 5,000 rides a day during its one-year anniversary.

It recently raised $5.3 million in a Series A fundraiser.

Despite being a new enterprise, the motorcycle taxi-hailing space has witnessed rapid expansion with the entry of  O’Ride and Maxng.

- Advertisement -

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

MTN Nigeria Announces One-Day Kid CEO, as Lagos experiences 5G demonstration

MTN Nigeria has announced 14-year-old Ademuwa Ifeoluwa of Chrisfield College, Ikorodu Lagos as its first one-day kid CEO. Ademuwa...

Diageo launches new AI Whisky Selector to help people discover their favorite Single Malt Scotch

‘What’s Your Whisky’ uses artificial intelligence and machine learning to analyse people's flavour preferences and matches them with their perfect whisky. 'What's Your Whisky' is an...

Diageo to change the method of calculating organic growth

Diageo announced, at its Capital Markets Day on 22 May 2019, that it would change its method of calculating organic growth for periods beginning...

News Highlights of November 2019 (Video)

It was a November to remember, as the battle for survival continues among brands, new ventures, opportunities, investments and the making of a payment...

More Articles Like This