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Uber rival Bolt secures €220M in prep for IPO

Estonian mobility startup Bolt secures €220M credit facility in preparation for IPO. Bolt offers ride-hailing, food delivery, car rental, e-scooter and ebike sharing services, and has signed up over 3 million drivers and 150 million customers across 45 countries. Bolt's fares are generally cheaper than rival Uber, but Uber still accounts for 25% of all ride-hailing and taxi rides worldwide.

    #startup#business#ipo
May 03, 2024•1m read time•From thenextweb.com
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