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Plentywaka partners with Innoson Vehicle Manufacturing as part of expansion drive
Bus-hailing app, Plentywaka has signed a partnership with Nigerian indigenous automotive manufacturer, Innoson Vehicle Manufacturing. The partnership will bolster Plentywaka’s fleet with a host of new vehicles as part of its plans to expand into the South-eastern part of Nigeria. Onyeka Akumah, CEO and Co-Founder of Plenty Waka joins CNBC Africa for more.
Thu, 08 Oct 2020 09:01:00 GMT
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AI Generated Summary
- PlentyWaka's partnership with Innoson Vehicle Manufacturing enables the bus-hailing app to enhance its service offerings and create job opportunities in Nigeria.
- COVID-19 prompted PlentyWaka to diversify its services by launching a logistics arm, showcasing the company's adaptability and innovation.
- PlentyWaka prioritizes safety and reliability as it navigates the post-pandemic landscape, implementing stringent health measures and exploring new business lines.
Bus-hailing app, Plentywaka, has made a significant move in its expansion plans by partnering with Nigerian automotive manufacturer, Innoson Vehicle Manufacturing. The CEO and co-founder of PlentyWaka, Oyenka Akuma, recently discussed the details of this partnership in an interview with CNBC Africa.
PlentyWaka is essentially a bus-hailing app that aims to connect everyday commuters with bus services in a structured, convenient, and safe manner. It bridges the gap between traditional bus services and ride-hailing apps like Uber, providing commuters with the option to select seats on buses to transport them from point A to point B without the hassle of traditional public transportation.
The partnership with Innoson Vehicle Manufacturing marks a significant milestone for PlentyWaka's growth strategy. Since its launch in September 2019, PlentyWaka has seen substantial success, moving over 200,000 people on its platform and currently operating with a fleet of around 80 vehicles. However, with over 40,000 daily app users, the company recognized the need to expand its fleet to meet the growing demand for its services.
By collaborating with Innoson, PlentyWaka gains access to a larger fleet of vehicles, enabling it to offer more transportation options to its customers, particularly in the south-eastern part of Nigeria. This partnership not only enhances PlentyWaka's service offerings but also creates job opportunities in the region, contributing to the local economy.
The impact of COVID-19 on the economy has presented challenges for businesses like PlentyWaka, but the company has demonstrated resilience and adaptability in the face of adversity. During the lockdown period, PlentyWaka diversified its services by launching a logistics arm on its platform, allowing for the delivery of goods and services when passenger transportation was restricted. This strategic move not only generated additional revenue but also showcased the company's flexibility and innovation.
As the economy gradually reopens, PlentyWaka is focusing on providing a safe and reliable transportation option for its customers. The app has implemented rigorous health and safety measures to protect passengers and drivers, positioning itself as a trusted mobility solution in the post-pandemic era.
Looking ahead, PlentyWaka is exploring opportunities to expand its service offerings beyond passenger transport. The company is considering new business lines and leveraging technology to enhance its value proposition. The CEO, Oyenka Akuma, expressed optimism about the growth potential of PlentyWaka and the ability to introduce innovative services that cater to evolving customer needs.
Overall, the partnership with Innoson Vehicle Manufacturing represents a strategic move for PlentyWaka to strengthen its position in the market and drive expansion amidst economic challenges. By combining technology with local manufacturing expertise, PlentyWaka is poised to make a lasting impact on Nigeria's transportation sector.
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