Iran's Uber Hits 2 Million Rides-a-Day Amid Growth Spurt
- Snapp operates in 34 cities in Iran; has 1.5 million drivers
- Middle East tech sector is luring international investors
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Snapp, also known as the Uber of Iran, said its ride-hailing app is generating two million fares a day as young people in Tehran embrace technology in a market that’s off-limits for western investors.
“Snapp Tehran is now larger than any Uber city globally," co-Founder Eyad Alkassar said in a statement. “Reaching this milestone in only three years makes Snapp one of the fastest-growing internet companies in the world.”