Bolt Raises €628m Funding Round to Accelerate Shared Mobility in Cities

  • 📰 THISDAY LIVE
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Emma Okonji In order to offer better alternatives for shared mobility in cities, Bolt, a mobility platform in Africa, with presence in Nigeria, has announced its largest ever funding round that wou…

In order to offer better alternatives for shared mobility in cities, Bolt, a mobility platform in Africa, with presence in Nigeria, has announced its largest ever funding round that would help it to further scale its existing products and accelerate the transition from owned cars to shared mobility in cities.

Founder and CEO at Bolt, Markus Villig, said: “For decades, cities have been built for cars, not people. That has led to unsustainable traffic, pollution, and loss of public space to parking places. We think this approach is outdated. Country Manager, Bolt Nigeria, Femi Akin-Laguda, said: “Bolt is redefining urban mobility by helping people move seamlessly and helping the environment and the cities grow sustainably. We plan to continue expanding our services in Nigeria and offer a better alternative to move around cities and towns and receive their food. Bolt is an innovative company and with the investment the mission is to ease mobility for every Nigerian.

Scooter-sharing is just one part of Bolt’s suite of mobility and delivery products, which are currently used by more than 100 million customers in 45 countries and over 400 cities across Europe and Africa. Other products also include its ride-hailing service; car-sharing service Bolt Drive; Bolt Food, which enables customers to order meals from restaurants; and Bolt Market, a 15-minute grocery delivery service.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.