Snapp!

Snapp! (Persian: اسنپ!) is an Iranian vehicle for hire company, headquartered in Tehran that launched in February 2014. Users can request a ride via the iOS, Android, or web application, by indicating their location and destination. The price of the trip is set beforehand, to eliminate bargaining. Snapp! commissions drivers upon completing a background check, and showing a valid driver's license and insurance before hiring them. The company launched in 2014 as Taxi Yaab and experienced rapid growth in the first three years. In October 2016, the company received a $20 million investment in a Series A round led by MTN Group, a South African multinational corporation. According to a 2017 interview with Shahram Shahkar, the former CEO of the company, Snapp! employs more than 300,000 active drivers and more than 500 other personnel at that time. Snapp rebranded itself and changed its logo in 2019. As of 2019, Snapp! in Tehran was larger than Uber in any city.