Uber’s Nepal launch is imminent, will stir the gig market?
▸ Part of: Landless settlers protest demolition of informal settlements in Butwal
Uber is reportedly making a sensational entry into Nepal, potentially within a month, by seeking a local partner for foreign direct investment. The ride-hailing giant will compete with existing platforms like Pathao, inDrive, and Yango, potentially saturating the market but also bringing its standards and benefiting the gig economy. Despite no official application yet, the government's flexible policies for foreign firms, including reduced minimum investment thresholds, facilitate Uber's potential debut, which has been considered for over half a decade.
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