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Bolt Launches Eco-Friendly Ride Service in Kenya

Bolt has launched Bolt Green – a new eco-friendly ride offering – in Kenya. The service part of the company’s effort towards reducing its carbon footprint. “We continue to scale up our operations for the benefit of our customers and the communities in which we operate. Having electric and hybrid vehicles on our platform is a step towards ensuring environmentally conscious ways for people to move around in the city and reduce our ecological footprint,” says Ola Akinnusi, Country Manager for Bolt Kenya. “The new category also aims at expanding Bolts ride options thereby creating more economic opportunities for drivers and providing passengers with more options to choose from.” The service is currently only available in Nairobi, but Bolt plans to expand it across the country soon. /* custom c...

Ride-Hailing Businesses Begin to Recover

Sourced from Forbes. Uber Technologies Inc.’s global rides business is down 70% from this time last year, a small improvement from its rock-bottom fall during the beginning of the coronavirus pandemic. Though slight, it is an indication that recovery is coming, albeit slowly. The decline in rides seems to be offset, if partially, by a boom in food delivery. Uber Eats’ gains have more than doubled, and they continue to accelerate, says Dara Khosrowshahi, Uber’s CEO, speaking at a virtual tech conference hosted by Bank of America. Bloomberg reports that the ride-hailing company intends to continue to look for opportunities in the food delivery market. Khosrowshahi declined to comment on Uber’s proposal to buy Grubhub Inc., which was first reported by Bloomberg last month. Since being so hars...