Uber Technologies Inc rival Bolt, formerly known as Taxify, has relaunched in London – nearly two years after its operating license was revoked by the city’s transit authority.
The Estonian company, backed by Daimler AG and most recently valued at US$1bil (RM4.16bil), said June 11 it would compete in the UK capital by offering lower fares for riders, and by taking a smaller cut of driver earnings compared to its rivals.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!