Tag
MAX.NG
The informal sector accounts for 57% of economic production in Nigeria.
2021 for MAX NG will be driven by expanding on already existing products and technologies.
MAX.ng is a company founded on the principles of solving problems.
The capital markets have frozen up. We are hoping to create a domino effect in terms of investment in African startups.
The recent ban imposed on commercial motorcycles by Lagos State Government may cause more harm than good.
Mixed reactions have continued to trail the announcement of the Lagos State Government’s decision to ban motorcycles (Okada) and tricycles (keke) in major highways in Lagos.
Gokada and Max,ng have condemned the order of the Lagos State Government to ban tricycles, motorcycles, including bike-hailing startups in the state. They described it as insensitive. #GOKADA,#MAX.ng
Lagos is becoming increasingly unsafe for its citizens due to the increasing rate of robbery perpetrated mainly by robbers using motorcycles to aid quick escape from robbery scenes.
Max.ng has begun to manufacture electric motorbikes in Lagos to give riders a new experience.
It may even interest you to know that out of the 170 companies on the Nigerian bourse, only about six of them account for as much as 68% of the entire market capitalisation of the NSE.
Motorbike hailing service, Max.ng, has raised $7 million funding. This round is led by Novastar Ventures, with the participation of Japanese manufacturer, Yamaha.
ORide is fast penetrating the market by leveraging on the N100 bonus offer to any destination of any distance within Lagos. This move has attracted the competitors’ customers, at least if not for anything, till the promo offer ends.