Dubai-Based Company Plans Entry into Kazakhstan’s Taxi Market
Photo: pixabay
The company plans to offer a combined service covering ride-hailing, delivery, and satellite communication, Orda.kz reports, citing Bloomberg.
Veon Ltd., owner of the Beeline brand, intends to launch its own digital services ecosystem in Kazakhstan over the next year — including taxi, delivery, and digital financial services.
Veon has already acquired Kazakhstan’s branch of OLX. The company’s CEO, Kaan Terzioglu, said that the next step would be to launch a platform offering taxi, delivery, and digital financial services, with the first city for rollout expected to be one of Kazakhstan’s major centres, a decision to be made in the coming months.
Meanwhile, Veon is also negotiating with Starlink.
Kazakhstan is Veon’s third-largest revenue market, after Pakistan and Ukraine.
Existing players in Kazakhstan’s taxi market already face controversy. For example, Yandex GO controls about 90% of the market and is under antitrust investigation. Measures under discussion include lowering commissions, price caps, and algorithm/safety requirements.
Original Author: Ruslan Loginov
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan
