Becomes the largest B2C rental car service for residents in the UAE
eZhire, the world’s first fully on-demand car rental platform, is celebrating a remarkable milestone, reporting an outstanding 102% Compound Annual Growth Rate (CAGR) since its inception in 2016. This tremendous growth underscores the increasing demand for eZhire’s innovative, customer-centric approach to car rentals across the Middle East.
Founded to disrupt the conventional car rental process, eZhire has transformed the traditional car rental industry by eliminating the need for security deposits, paperwork, and physical storefronts.
The company’s fully digital, app-based service offers a seamless rental experience, allowing customers to order vehicles 24/7, with delivery directly to their doorstep. This disruptive approach has positioned eZhire as a leader in revolutionizing mobility across the region.
Flexibility
Operating across the UAE, Qatar, Bahrain, and Saudi Arabia, eZhire is committed to providing unparalleled convenience, flexibility, and transparency. As of October 2024, eZhire has become the largest B2C retail rental car company in the world. With over 4mn total rental days, the company continues to cater to a diverse range of customers.
“Our continuous growth at over 100% annually demonstrates the success of eZhire’s customer-centric, technology-driven approach,” stated Hassan J. Saduzai, CEO and Co-founder, eZhire.
In addition to its rapid growth, eZhire has significantly expanded its Total Addressable Market (TAM) by tapping into new user segments and creating new demand. The company’s tech-enabled operational efficiency, acceptance of debit cards without deposits, and fully digital process have made car rentals more accessible than ever before.
Founded in 2016 by Hassan J. Saduzai and Farhan Ali, eZhire is a leading on-demand car rental platform that is transforming the traditional car rental industry by eliminating the need for security deposits, paperwork, and physical storefronts, a press communique concluded.