Boda Boda hailing platform SafeBoda is pausing its operations in Kenya effective from November 27.
The tech startup, in a statement released yesterday, says the Coravirus pandemic has had a significant effect on its business.
‘’SafeBoda has made a very difficult decision to pause Rides and Send services from the 27th of November 2020.’’
“While Nairobi is seeing some economic recovery from COVID-19, boda transportation has been hit hard. This has meant our business cannot sustainably operate in this environment and unfortunately, the timeline for a full recovery cannot be certain,” the company said.
SafeBoda launched in Kenya a while back and has a community of users and business value chain which extends to more than 4000 riders in Nairobi. The motorbike-hailing startup which started in Uganda, also expanded to Nigeria in December last year after raising an undisclosed Series B round co-led by Allianz X, the digital investment unit of the Allianz Group, Go-Ventures, an arm of GO-JEK.
In March this year, the firm also announced that it had clocked 100,000 rides daily after launching low-cost local food delivery services in Nairobi.
The startup now says it will focus on growing its operations in these two countries.
‘’SafeBoda will continue to grow in Uganda and Nigeria and will continue to be dedicated to empowering its communities to thrive.’’
‘’From now until the 27th of November we will be promoting our SafeBoda drivers in Kenya and this will be a chance for customers to use their remaining wallet balances to take rides or send packages.’’