Bolt is a transportation platform providing ride-hailing, micromobility, and food and grocery delivery services.
Bolt is an Estonian mobility company that offers vehicle for hire, micromobility, car-sharing, and food delivery services headquartered in Tallinn and operating in over 300 cities in 45 countries in Europe, Africa, Western Asia and Latin America. The company has 75 million customers globally and more than 1.5 million drivers use Bolt platform to offer rides.
Bolt has intimated plans to become profitable in 2024 and leverage its African presence, while mulling a potential public listing in 2025.
Bolt said that they will continue with their commercial partnership with Wyre while putting greater focus on their key areas of competence.
Bolt has completed two successful funding rounds in the past 6 months and the firm is notably replete with funds to carry out its day-to-day operations.