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Plentywaka records milestone, hits 100,000 rides in 6 months

Fakoyejo Olalekan by Fakoyejo Olalekan
March 18, 2020
in Business News, Company News
Plentywaka records 100,000 rides as it compete with Danfo, OBus, Plentywaka raises $300,000, seeks partners as it launches operations in Abuja
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The Managing Director and Co-Founder of Plentywaka, Johnny Enagwolor, has disclosed that the startup has hit a milestone after completing 100,000 journeys. The tech-driven bus-hailing service, which is a subsidiary of Crowdyvest, completed the journeys within its first six months.

The 100,000 journeys were completed on seven routes according to Plentywaka in a statement seen by Nairametrics. The hailing firm, which currently bases in Lagos, says the number of rides proves that solution-based innovation can be successful.

Plentywaka records 100,000 rides as it compete with Danfo, OBus

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Plentywaka, which was launched September last year, averages about 1500 journeys a day, providing a hassle-free alternative to the commercial yellow buses (Danfo) in a state that has a limited transportation system. Aside from the commercial buses, Plentywaka is competing for a greater market share.

(READ MORE: Lagos regulations on ride-hailing companies, fair or outrageous)

According to the statement sent to Nairametrics, “Plentywaka’s scheduled ride facility is the appealing appeasement for the busy Lagosians struggling to get from Bus-Stop A to Bus-Stop B without the worries of insecurity or cramped and unkempt vehicles. By using the easily downloadable app, a seat can be secured on one of the Plentywaka vehicles in seconds.

“Since its launch in September 2019, Plentywaka has seen significant growth throughout the business with the number of vehicles up by 50%, daily riders increased by 50.2%, app downloads rising to 61.9% and overall employment within Plentywaka up by 400%.”

READ ALSO: FG commissions Made-in-Nigeria vehicles worth N364 billion

Also speaking on the operation of Plentywaka, Enagwolor, said, “Reaching 100,000 journeys in our 6 months is a milestone the entire team at Plentywaka is proud of. Our growth is definitely a combined reflection of the extremely high demand for transport in Lagos and the bus-hailing service we provide commuters, which is a bit of respite in the bustling city. But there is more work to do and we are not relenting on our efforts to scale our operations while getting better at our service delivery. 

“Also, the more people we have registering for our Plentywaka Vehicle Partnership for free, the more we can also alleviate the strain of mobility in the city – transport should really be the least of people’s worries when they are trying to get to work or school.”


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Tags: FarmcrowdyJohnny EnagwolorNigerian Business NewsPlentyWaka
Fakoyejo Olalekan

Fakoyejo Olalekan

Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ). In the era of media convergence, Olalekan is a valuable asset, with ability to curate and broadcast news. His zeal to write was developed out of passion to shape people’s thought and opinion; serving as a guideline for their daily lives. Contact for tips: fakoyejo.olalekan@nairametrics.com.

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