Uber Expanding into 10 New Cities in Mexico

With an investment of over US$6.8 billion, Uber has announced that it will further extend its private transport platform into 10 new cities in Mexico by December 2018, increasing its driver headcount to 500,000 in the country.

Although the new cities where the company will operate have not yet been defined, it’s plan will be to consolidate and strengthen its presence in Mexico with this investment.

Uber currently has 230,000 active partners in Mexico City, of which 12,000 are women. The company claims that 40% of these drivers were unemployed before joining, and 70% of them entered into the formal economy for the first time when they became partners.