Estonia: Bolt annual revenue, net loss up in 2023

Estonian mobility company Bolt posted revenue of EUR 1.7bn in 2023, which was up 37.4% from EUR 1.2bn in 2022, ERR reports. The company’s operating loss stood at EUR 94.3bn, compared to EUR 262.6mn a year earlier. However, annual net loss rose to EUR 91.9mn from EUR 72.2mn in 2022. Bolt offers taxi, delivery, and car rental services, employing altogether 4,104 people. The group operates in over 45 countries, mostly in Europe, the Middle East, and Africa.