Bolt, the Estonian ride-hailing and taxi app startup with operations in Africa and Eastern Europe, said it is launching its own electric scooter and plans to roll it out to 45 cities. The news comes as ride hailing giants Lyft and Uber struggle with decimated ridership and talk of big layoffs. Uber, meanwhile is in discussions to lead a $170 million investment into electric scooter company...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Briefing markets media/telecom
DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive startups ai
Y Combinator’s Garry Tan Goes to the Mat
Musk’s X Cuts Half of Election Integrity Team After Promising to Expand It