Uber-rival Bolt sees Africa as growth market


FILE PHOTO: A Bolt Food delivery courier rides a bicycle outside the Heydar Aliyev Center in Baku, Azerbaijan June 18, 2021. REUTERS/Valentyn Ogirenko/File Photo

STOCKHOLM/LISBON (Reuters) - Bolt, a rival of Uber's ride-sharing and food delivery business, plans to focus on Europe and Africa for now, Chief Executive Markus Villig said in an interview, brushing aside the prospect of any possible expansion in the United States.

The Estonian startup, which also offers car sharing and electric scooter rental, operates in 300 cities across 45 countries, has more than 75 million customers and is valued at $6 billion.

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