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On-demand transportation platform, Bolt, has launched Bolt for Business which is a new platform for corporate trips.

Bolt for Business allows companies of all sizes to manage and pay for corporate trips via a single, easy-to-use portal.

Speaking on the new product, the Regional Manager for Bolt West Africa, Uche Okafor, said Bolt for Business is an addition to the range of services the on-demand transportation company is already offering.

According to him, the new platform would broaden the positive impact of on-demand transport for businesses, as companies would now be able to democratise access to jobs by removing the ‘own transport required’ condition for employment. They will also have access to a simple service offering for employees and clients.

Bolt launches Bolt for Business

According to Okafor, this can done by allocating a monthly budget through the Bolt platform to individual employees, hence ensuring that all employees who travel for business enjoy the benefits of affordable and reliable personal transport without the prohibitive costs associated with vehicle ownership.

What informed Bolt’s latest offering? Bolt launched Bolt for Business after noticing that a growing number of Bolt trips are taken for business purposes during working hours; whether it is commuting to work, rushing to client meetings, or getting to the airport.

Any chance for Bolt for Business to thrive? As noted earlier, the main reason Bolt launched Bolt for Business is due to the increased demand it already gets from corporate bodies and individuals.

In view of this, therefore, there is a high tendency that Bolt for Business will be warmly welcomed by Nigerians. It will be particularly welcomed by younger professionals who are just starting out in their careers and do not currently have their own cars. However, the cost rate would have to be reasonable in order to be affordable.

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About the company: Initially known as Taxify, Bolt was founded in 2013 by Markus Villig in Estonia. The company has operations in 25 countries and 18 regions, including Nigeria. In March 2019, the company changed its name from Taxify to Bolt.

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Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ). Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.


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