Estonia's Bolt launches Bangkok serviceBangkok is the first city in Asean where Bolt is offering service. Ride-hailing app Bolt from Estonia has launched its service in Bangkok, the latest newcomer in a very competitive market still reeling from the pandemic. The move comes after Bolt raised €100 million (3.7 billion baht) in May this year, bringing total funds raised to €300 million. Through its experience in European and African markets, Bolt said ride-hailing is not a winner-takes-all market. Bolt said the demand for urban transport is growing in Bangkok as the city gradually comes out of the lockdown.

Source: Bangkok Post July 29, 2020 21:00 UTC