Bolt moves into hot food delivery

Uber rival Bolt has announced plans to move into the hot food delivery market in Estonia. The company currently operates in ride-hailing and scooter sharing.

As with its rivals in the already fiercely competitive industry, customers will be able to order hot food using a Bolt Food app and the food will be delivered within the hour.

The first such service is to operate in Tallinn with plans to rapidly expand across the Baltic region and then South Africa.

Given major players like Uber and even Amazon have pulled from certain markets, moving into hot food delivery is a big risk for even the best financed companies.

Bolt has more than 25 million customers worldwide in 30 countries across Europe and Africa.

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