New apps in London look to chip away at Uber's demand

New apps in London look to chip away at Uber's demand

New apps in London look to chip away at Uber's demandJust two days ago Uber lost its license to operate in London — and its rivals are already gearing up to overtake the ride sharing app. A newcomer ride app in London, Bolt, claims that Uber’s exit from London has already brought in thousands of new sign-ups to its app. It says it has 30 thousand drivers since launching in June. And French ride hailing app Kapten said “London needs ride-hailing, but we don’t need Uber.” The company says it has 16 thousand drivers. Uber has been a primary player in London’s ride sharing market — with 45 thousand drivers and 3.5 million passengers.