…This is a 7-fold growth in rides as Global Company celebrates 10th Anniversary
Bolt Nigeria is celebrating having recorded over 7 times growth in the rides business since it was launched in 2016.
This comes as the leading mobility company in Europe and Africa is commemorating its 10 years of global operations.
In Nigeria, Bolt has also facilitated over 250 million rides since its 1st year in the market, and has seen over 3 billion kilometres in distance recorded by users on the app.
Over the past decade, despite significant headwinds including a surge in inflation, rising interest rates and uncertain macroeconomic outlook across many markets, Bolt has grown from a groundbreaking startup to a global leader in the mobility sector.
Both globally and locally, Bolt remains focused on providing an innovative technology platform that enhances safety, affordability, and sustainability.
Recently, Bolt announced that it has surpassed 150 million customers in over 45 countries and 500 cities.
These customers are spread across its suite of mobility products which include ride-hailing, micromobility (scooter and e-bike rental), food delivery, grocery delivery, Bolt Drive, a free-floating car-sharing service, and Bolt Business, a corporate mobility service. Bolt also announced there are now over 3.5 million partners (drivers and couriers) using the app to earn a living, including over 1 million in Africa alone.
“As we reach these remarkable milestones in the ride-hailing market, we remain steadfast in our commitment to ensuring safety, affordability, and reliability for all users on our platform. Even amid the challenges posed by the ever-changing macroeconomic landscape, our dedication to providing exceptional service remains unwavering. We also remain dedicated to collaborating with our driver partners, regulatory bodies and other industry stakeholders to ensure the growth of the ride-hailing industry in Nigeria.” said Yahaya Mohammed, Country Manager.
Among the noteworthy milestones achieved by Bolt Nigeria include:
- Championing for women empowerment, through the women at the wheel campaign, which seeks to address the under-representation of women in the mobility sector and help women access the additional earning opportunities provided by working as a driver on a ride-hailing platform.
- Facilitated almost 300 million rides, through reliable mobility options for riders to their destinations, effortlessly.
- Implemented innovative safety features and protocols to safeguard the welfare of both riders and drivers. For example, the audio trip recording feature which empowers both drivers and riders to initiate an audio recording of their trip within the Bolt app, offering a solution in situations where they may feel uncomfortable during the ride.
- Continuously innovating the app and services to enhance user experience, including the recent introduction of scheduled rides option that allows users to book a ride up to 72 hours in advance, ensuring utmost convenience and a seamless travel experience
“Bolt remains committed to consistently enhancing the overall user experience on its app. Through innovation and strategic investments, and the continuous provision of reliable, affordable and safe mobility options”, Mohammed said.
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