TALLINN: Uber Technologies Inc's European rival, Bolt, on Wednesday launched an electric bike-sharing service in Paris, and said it would expand the offering to more European capitals this year.Advertisement
"Our new e-bikes sharing service will help to fulfil the demand for light, green individual modes of transport, which has seen growth due to European cities gradually coming out of COVID-19 lockdown," Dmitri Pivovarov, unit head at Bolt, said in a statement. In May, Bolt raised 100 million euros from London-based investment firm Naya Capital Management in a deal valuing the Estonian firm at 1.7 billion euros .
Founded in 2013, Bolt now has more than 30 million users in 35 countries. It has grabbed business from Uber mainly in major African cities and in Eastern Europe.
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:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese ride-hailing giant Didi Chuxing launches pilot self-driving robotaxi service in ShanghaiCommuters in Shanghai can now book self-driving taxis through Didi Chuxing after the Chinese ride-hailing giant launched its on-demand robotaxi service on the weekend.Using the new app, passengers can take free rides in autonomous vehicles within designated open-traffic areas in Shanghai’s Jiading District
Source: YahooSG - 🏆 3. / 71 Read more »
Vietnam economy unexpectedly expands, bucking global plungeVietnam's economy unexpectedly expanded in the second quarter, shrugging off a coronavirus pandemic-caused global downturn, but it was still the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Vietnam's economy unexpectedly expands in Q2 amid Covid-19 outbreakHANOI (BLOOMBERG) - Vietnam's economy unexpectedly grew in the second quarter, though at the slowest pace in at least a decade, as exports slumped because of the coronavirus pandemic.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Sundance Film Festival to expand across US as it adjusts to COVID-19Organisers said selections from next year's edition will also play in at least 20 other cities.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Singapore GE2020: PAP slate a diverse group that reflect society they hail fromThere are more women, business people and those with experience on the ground who can bring a broad range of issues for debate in Parliament if elected.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
China's June factory activity quickens to three-month high: official PMIChina's factory activity expanded at a faster pace in June, beating expectations, as the economy continues to recover after the government lifted ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »