You CEO says it’s open to gain bolt micromotability business

You of the micromability of the common micromibility is on the hunt for purchases. And on the desire to CEO Frederik Hjelm is bolt, the European Supermist of European Mobility is more known to Ride-salt.

Not that bolt micromotability company is necessarily for sale – in spite of You buy the company scooter and bike. Bolt refused to comment when the Techcrunnch reached.

“Bolt is a big company but I am mainly a ride-salt Company: “Hjelm said TechCrankch in Bruximobility in Bruximoby, where it has been uninessed Bit CO-CEO Michael Winkinusses and Dott / Tier Moissinac.

Hjelm said the bolt challenge is that you need to be “extremely well in many vertical.” The part of the ride-hailing, bolt offers food and delivery of food, and also car rentals.

“Micromotivia is very difficult, and has the hardware look, but no network effect and delivery of food (can lead to) to market,” Hjelm said.

Noticed most people who pick up an e-scooter or e-bicycles are the locals and decessability rather than the ability to use a “super app”

When provided an instance of the micromibility of the micromibility because they recognize the brand – and could not download the state apps shared – he is at this thesis. Hjelm said he doesn’t think the brand recognition is enough to compensate for a worst user experience.

Of course there is no data that demonstrated that you offer you a better user experience than the bolt. That has not prevented others in the panel to join the bolt pile.

“Bolt uses the price as loss of loss,” says bird’s lake, reference to the bolt’s skill to succeed in their own operations to grow their micromibility for a loss. “They meet the price, and that’s so purchased install. My sense is not an enormous investment in … really good operations in micromibility.

Washinush noted that bird, and also dott and you, use a lot of data to rebaltic vehicles.

“You can move thousands of vehicles and sperms people open people, you can … place to optimize the runs and optimize the price,” he said. “And is (as) the activity actually evolved in the last two or three years … that, for us, make a very self-supporting bus support.”

In 2024, the bird said he got $ 19 million ebitta ebittada ebittada – enough Feat for a company that had dressed by the bag market and filed for Failure Two years ago. You also got his first year profit last year with regulated ebittals of $ 17.9 million.

Bolt has not shared financial numbers for their micromibility. In the November 2022, the company said he had arrived $ 2.11 billion in annual revenue through their business units, but they did not share as lost. According to Local ReportsIncorrect bolt income of approximately $ 2 billion in 2023 on an operating loss of $ 108 million.

Techcrunch attempted to follow the Wednesday with Hjelm about why you would like to purchase bolt and if it was in border with the company.

“I am in the house of the Swedish House of the Swedish and think of bolt tomorrow,” he replied.

Techcranch update this story if Hjelm has more to say about the matter.