OPay has launched OCar after halting its on-demand bus e-hailing subsidiary and raising a $120m Series B fund. OCar will be available in Lagos, Owerri, Port Harcourt, Abuja, Benin, Kaduna, Abeokuta and Ibadan, Nigeria.
https://twitter.com/getoride/status/1196736697356181504
For its Beta phase, OCar will be offering its services to new customers at N200 promo per ride. This poses major competition to Uber and Bolt on-demand ride-hailing service providers. OCar has started operating in Lagos State and will launch in other Nigerian cities in the coming weeks.
See Also: OPay Withdraws Bus-Hailing Operations to Re-strategize Business Model in Lagos
OCar joins OPay’s food delivery service – OFood, motorcycle hailing – ORide, tricycle – OTrike and marketing service – OLeads.
The new ride-hailing service can be accessed via the OPay mobile app. It will operate a third-party business model where partners can sign up their vehicles for on-demand ride-hailing services.
The car owner will have to register the car for verification and accreditation to be qualified as a partner driver. OPay will take 15% commission per ride and subsequently, 3% after a driver completes 20 trips within a week.
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