• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Barriers to E-Hailing Union Ownership of App Companies

user avatar

by Giorgi Kostiuk

2 years ago


Legal Constraints The Nigerian e-hailing union, AUATON, is statutorily prohibited from owning e-hailing app companies, as confirmed by Comrade Ibrahim Ayoade. The union's regulatory role precludes direct ownership of app companies under legal frameworks.

Driver Advocacy E-hailing drivers have expressed a desire to have ownership stakes in the apps they operate, leading to discussions within the union about potentially launching an app of their own.

Constitutional Prohibitions The union's constitution explicitly bars its leadership from owning app companies, aligning with the regulatory stance that unions are not intended to function as industry participants.

Industry Dynamics Joseph Olawale highlighted the dominance of cab-hailing companies in structuring industry terms, prompting considerations within the union to establish a counter-app.

Global Comparisons Examples from countries like the US, where driver-owned apps have emerged, showcase alternative models that prioritize driver benefits and earnings distribution.

Empowering Drivers While union ownership of e-hailing apps is restricted, individual drivers can leverage cooperative models to enhance control over earnings and operational practices.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

BlackRock: Driving Returns Through Low-Carbon Transition

chest

BlackRock is leveraging the low-carbon transition as a primary driver of portfolio returns.

user avatarGustavo Mendoza

Nuveen TIAA: Setting the Standard for Verified Impact Investing

chest

Nuveen TIAA has emerged as a leader in responsible investing, managing approximately $90 billion in specialized assets and developing a Climate Solutions Investing Framework under CEO Amy O'Brien.

user avatarMiguel Rodriguez

Brookfield Asset Management: A Leader in Decarbonization Efforts

chest

Brookfield Asset Management is recognized as a leader in decarbonization, managing around $900 billion in assets and focusing on renewable energy and private equity.

user avatarRajesh Kumar

Polygon POL Price Experiences Pullback Amid Workforce Reduction

chest

Polygon POL price is experiencing a pullback as the crypto market slows, following reports of workforce reductions at Polygon Labs.

user avatarLuis Flores

China Injects 185 Trillion into Markets, Sparking Global Optimism

chest

China's central bank injects 185 trillion yuan into the financial system to stimulate economic recovery.

user avatarArif Mukhtar

The Impact of Musk's Departure on OpenAI's Funding Strategy

chest

Musk's resignation from OpenAI marked a pivotal shift in the organization's funding approach, leading to a focus on traditional venture capital.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.