Bolt, the Tallinn-based shared mobility platform, has acquired Viggo, the Copenhagen-based main ride-hailing enterprise, for an undisclosed sum – the acquisition will see Bolt’s ride-hailing operation enter Denmark for the primary time and add to its present e-bike rental service.
Markus Villig, Founder and CEO of Bolt, mentioned: “We’ve got all the time had a excessive bar for M&A however we share Viggo’s mission to enhance cities and have been impressed by their absolutely electrical operations. The acquisition means we’ll grow to be the most important ride-hailing operator in Denmark. We sit up for constructing on Viggo’s success and bringing extra innovation to the native ride-hailing market to higher serve prospects in Denmark.”
Kenneth Herschel, CEO of Viggo, added: “Viggo was based to offer a high-quality, sustainable taxi expertise, and we’re pleased with what now we have achieved. Becoming a member of Bolt permits us to scale our affect, benefiting each drivers and passengers with new expertise, elevated demand, and continued dedication to quality.”
Bolt was based in 2013 by Markus Villig as a ride-hailing firm and now presents a number of companies together with scooter and e-bike leases, meals and grocery supply, and car-sharing in additional than 600 cities throughout 50 nations. Viggo is Bolt’s first acquisition in its twelve 12 months historical past.
Bolt supplies shared mobility companies together with taxis, scooter and e-bike rental, and automobile rental to over 200 million lifetime prospects. Greater than 4.5 million drivers use the Bolt platform worldwide.
The corporate seeks to speed up the transition from owned vehicles to shared mobility, providing higher options for each use case. Its merchandise embrace taxis, scooter and automobile rental companies, meals and grocery supply, and company mobility options.
Viggo, based in 2019, operates a fleet of over 300 electrical autos and serves 450k customers throughout Copenhagen and Aarhus. With greater than 500 skilled drivers, the corporate has constructed a status for sustainable mobility, premium service and excessive buyer satisfaction.
Viggo is Scandinavia’s first ride-hailing service with a reported 100% electrical automobile fleet. In line with Viggo, they’ve cemented their place as Denmark’s greatest performing taxi service.
Viggo is on a mission to affect city business mobility, whereas providing a seamless and memorable person expertise by way of stellar service and expertise.
Bolt already has a powerful presence in Denmark by way of its e-bike rental service, which has attracted a whole lot of hundreds of customers. The introduction of ride-hailing creates a multi-modal transport ecosystem, the place prospects have the selection of electrical bikes or autos, relying on their journey.
Bolt has additional strengthened its place in Denmark by way of a brand new partnership with one other Danish taxi firm, Taxi 4×27, additionally introduced right this moment. The partnership will see Taxi 4×27’s fleet of over 600 autos made accessible on the Bolt platform, bolstering Bolt’s fleet within the nation.
