Uber's European rival Bolt enters London market, again

  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Estonia's Bolt, which until early 2019 was called Taxify, will on Tuesday r...

FILE PHOTO: A Bolt sign is seen on the taxi car in Riga, Latvia April 9, 2019. REUTERS/Ints Kalnins

The move comes a month after Uber drivers in London joined a series of strikes to protest the disparity between gig-economy conditions and the massive $82 billion valuation at Uber’s stock market debut. Uber takes around 25% cut from drivers using its app. Bolt promises to charge in London in first two months just 7.5% and later 15%, arguing happier drivers provide a better service.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They named their company after a Chevrolet

ooooh please bolt come to NYC because uber uber_NYC deletes you if you dare to even ask them a question Uber_Support oh yes lets not forget a driver who has no gas and vomit in the car uber is not cool

Imagine if Sky Australia finds out about this marketing potential for their Bolt😂😂

Canada Canada Latest News, Canada Canada Headlines

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

Stocks making the biggest moves premarket: United Tech, Raytheon, Salesforce, Tilray, Uber & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »