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July 10, 2023

Bolt's Birthday Bash: Milestones, CFO, and IPO Buzz

Bolt's new CFO, says: "I look forward to being part of this next stage in Bolt’s journey as the business prepares for IPO”

Bolt gears up for IPO as it hits 10-year milestone and welcomes new CFO. With 150 million customers and expanding services, the Estonian mobility firm sets its sights on long-term profitability. Mikko Salovaara joins the team to lead the charge.

With operations in over 45 countries and 500 cities, Bolt has achieved remarkable milestones, serving over 150 million customers and partnering with 3.5 million drivers and couriers. As Bolt enters a new phase of growth, its IPO preparations signify a promising future in the mobility market.

Bolt's transformation from a ride-hailing app to a comprehensive platform offering delivery services, car sharing, and micromobility has propelled its growth and widespread adoption. With an extensive customer base and a vast network of partners, Bolt continues to redefine mobility solutions and solidify its position as a leading player in the industry.

“Our core principles have remained the same since we were founded ten years ago – by being the most operationally efficient mobility platform in the world we can provide incredible value to our customers and partners. Having great service and attractive prices drive our industry leading growth, and we’re proud to now serve 150 million customers across 45 countries. This extraordinary scale will allow us to reach profitability over the next 12 months,” says founder, Markus Villig.

Neil Hodgson-Coyle
Neil Hodgson-Coyle
Editorial chief at TechNews180
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