U-Hop seeks for US expansion with Floyd Mayweather Jr. as its partner
u-Hop, a Filipino-owned transport network company (TNC), has announced its partnership with boxing champion Floyd Mayweather Jr. as the company resumes operation in the country.
According to Mayweather Jr., he has been keeping an eye on the company’s TNC business for the past three years. “I’ve been watching this company since it started three years ago and I’m telling you, [the company] has been going strong. Soon this company could be worldwide, surpassing] Uber and other companies … it could be No. 1,” he said further.
Mayweather Jr. mentioned that he first got interested investing in u-Hop because his personal assistant was from the Philippines. He also urged the people to use and download the u-Hop app.
u-Hop called on other transport network vehicle services (TNVS) to apply for entry on its platform. As of now, u-Hop has 10,000 drivers, making it the second largest TNC next to Grab; however, only 1,000 drivers are active.
The company seeks US expansion in July and Mayweather Jr. could help introduce the firm abroad.