$3.5 billion is a helluva big valuation. So how is it possible that Uber, which has recently arrived in South Africa (JHB + CPT + DBN are all live), is able to come to such a ballsy valuation?
I used Uber for the first time last night. It’s mindblowing. You download the app, store your credit card details (once) and next thing you’re watching the car (black Merc) heading towards you on the map. In a word, it’s ridiculous.