STARTUP WATCH- Cairo-based tuk-tuk and motorcycle ride-hailing startup Halan has launched Halan Ads, allowing companies to advertise on its fleet, according to Menabytes. Adverts will be displayed on wraps attached to tuk-tuks and small billboards will be mounted to motorcycles. “We feel that mobile advertisements are very underdeveloped in Egypt and can be more effective than traditional outdoor billboards,” said co-founder and CCO Mohamed Aboulnaga. At least three companies have already expressed their intention to advertise with Halan, which reached the 10 mn ride and delivery milestone in April. “We are looking at developing a 360-degree channel of advertising, branding, and engagement for brands and consumers,” Aboulnaga added.
More from Enterprise
Your points are currency, treat them like one
Most people treat credit card points like a pleasant surprise:…
How should young people think about money and budgeting?
Your income and your time are your biggest assets in…
Egypt tenders 128-km transmission line to plug in El Dabaa
Plus: Gov’t mulls importing 30 more LNG cargoes in 4Q…
Blnk raises USD 37.1 mn to scale its consumer finance operations
The local fintech reached profitability last year and will use…