11 June 2019

Africa: Uber Rival Bolt Returns to London 21 Months After a TFL Investigation Shut It Down

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Bolt, the Uber rival formerly known as Taxify, is taking a significant step this week in its effort to build out its transportation-on-demand business across the biggest cities in Europe and Africa, which currently covers 25 million users in 30 countries and 100 cities: it's finally opening for business again in London, the biggest ride-hailing market in Europe.

"Finally" and "again" are the operative words here: the Tallinn-based company had launched in London as far back as September 2017 -- nearly two years ago -- only to shut down its services after three days, when Transport for London, the city's transportation regulator, started to investigate the terms of its license.

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