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Bolt in talks to buy Moroccan ride-hailing firm VTC.ma
Summary by Billionaires.Africa
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Bolt in talks to buy Moroccan ride-hailing firm VTC.ma
Bolt Technology OU is negotiating the acquisition of VotreChauffeur.ma, a Moroccan ride-hailing service founded by prominent local entrepreneurs Ismael Belkhayat and Jawad Ziyat, according to people familiar with the matter.The potential transaction would give Estonia-based Bolt a stronger foothold in North Africa and sharpen its challenge to Uber Technologies Inc., which has struggled to cement dominance in the region’s fragmented mobility mark…
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