Estonia's Bolt, a popular ride-sharing service in Eastern Europe and Africa...
TALLINN - Estonia’s Bolt, a popular ride-sharing service in Eastern Europe and Africa, on Wednesday launched food delivery service in its home town of Tallinn, the nation’s capital, and said it plans to roll out Bolt Food this year in South Africa, Latvia and Lithuania as well.
Bolt is a late entrant to the food delivery market, where a number of start-ups and other ride-sharing firms have operated for years. It plans to grab market share with lower prices for consumers and a better cut for delivery personnel, while building on its wide user base. “I would say food delivery is the third big product launch for us. It fits very neatly into our strategy,” Kabanov said.
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