Bolt, an international concern with Estonian owners, offering an Internet platform service for ordering a taxi, courier delivery, car rental and electric scooters, ended last year with a loss of 92 million euros, writes rus.err.ee. According to Bolt’s financial results presented in the company’s report for the 2023 financial year, its revenue increased from 1.2 to 1.7 billion euros due to increased efficiency and expansion of activities. At the same time, the concern's net loss also increased from 72.2 to 91.9 million euros. Company founder Markus Willig named improving user experience and increasing market share as key areas last year. The Bolt Drive car rental service was launched in Lithuania and Germany. At the end of 2023, Bolt employed more than 4,000 people, including 1,200 in Estonia. The company paid taxes in Estonia last year in the amount of 38.4 million euros – 10% more than the year before. The company continued to grow in the first half of this year. It began offering car sharing services in Egypt and Switzerland, expanded its food delivery service in six countries, including Portugal and Ukraine, began offering electric scooter rentals in Azerbaijan, and its Bolt Drive service is now available in Poland and the Czech Republic. Bolt was founded in 2013 by Estonian businessman Markus Villig, who is the company's CEO and majority shareholder. By the end of last year, the concern, whose parent company is Bolt Technology OÜ, united 56 enterprises. Bolt operates in 45 countries, primarily in Europe, the Middle East and Africa. The company has more than 150 million customers and more than 3.5 million driver partners and couriers.
