Bolt to launch food delivery service in SA | IOL Business Report

CAPE TOWN – Taxi-hailing app, Bolt formerly known as Taxify, has announced plans to launch a food delivery service in South Africa.

Chief executive and co-founder of Bolt Markus Villig said in a statement: "Combined with our technology, efficient operations and thousands of drivers in South Africa, we plan to build the best food delivery service for the people who already use our services daily" "This has led us to grow faster and more cost-efficiently than any other ride-hailing platform in the world, Now we want to bring this approach to food delivery.”The new service will compete with other delivery services such as Mr D Food and Uber Eats in South Africa.Just recently, the company rebranded and changed its name due to the fact that they will no longer only just be focusing on cars but believes the future of transportation is electric.

"Taxify launched five years ago with a mission to make urban transportation more convenient and affordable. Our first product was a taxi dispatch solution that gave the company its original name", Bolt told Business Report.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Economic crisis drives SA to Zimbabwe cargo courier businessVarious cargo shipments are now being transported from Johannesburg to Zimbabwe by 'malayitsha' transporters as Zimbabwe faces a shortage of goods. Bad🤕🔫
Source: eNCA - 🏆 49. / 51 Read more »

BUSINESS MAVERICK: Take more savings offshore, money managers urge SA investorsIncreasingly, financial advisers are recommending that SA investors take as much of their discretionary investments out of the country as they can. But is taking 100% of your investment income out of the country sensible, never mind unpatriotic?
Source: dailymaverick - 🏆 3. / 84 Read more »