Easy Taxi, a Brazil-based app incubated by Rocket Internet, announced a $10 million round of funding which it will use to help fund entrance into the African market, reported TechCrunch. The funding came from Africa Internet Holding, a JV between Rocket Internet and the 35 percent owner, Millicom.
Nigeria is the first country on its list, which is one of Africa’s strongest economies. Africa is a new market for Easy Taxi, and the company also revealed plans to expand operations in Asia and across the Middle East.
“We want to bring this success to other attractive markets and we see high potential in many Asian and African countries,” said Dennis Wang, head of international expansion of Easy Taxi, in a statement.
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