Bolt Officially Enters Malaysia’s Ride-Hailing Market

KUALA LUMPUR: Estonian ride-hailing giant Bolt has officially launched its services in Malaysia, marking its entry into its 46th country. Renowned for its diverse mobility solutions, Bolt introduces new competition to Malaysia’s transportation sector with its customer-centric and environmentally conscious approach.

About Bolt: Redefining Urban Mobility

Founded in 2013 by Markus Villig in Tallinn, Estonia, Bolt is one of the world’s fastest-growing mobility platforms. Operating in over 45 countries and 500 cities, the company is revolutionizing urban transportation by making it more accessible, efficient, and eco-friendly.


Mission

Bolt aims to make urban mobility affordable, sustainable, and efficient by leveraging technology to reduce carbon emissions and enhance commuting experiences.

Key Services

  1. Ride-Hailing
    Affordable and reliable transportation options for individuals and groups, available through a user-friendly app.
  2. Food Delivery
    Bolt Food connects users with local restaurants, offering fast and dependable food delivery services.
  3. Micromobility
    Eco-friendly electric scooters and bikes designed to reduce urban congestion and pollution.
  4. Car Rentals
    Flexible, short-term vehicle rental solutions through Bolt Drive, catering to various customer needs.

Commitment to Sustainability

Bolt is dedicated to achieving carbon neutrality by:

  • Promoting electric vehicles and shared mobility.
  • Offsetting carbon emissions through sustainability initiatives.

This commitment aligns with its vision to create greener, more livable cities for future generations.

Bolt’s Launch in Malaysia

After receiving its operating license from Malaysia's Land Public Transport Agency (APAD) on October 9, 2024, Bolt has commenced operations in the Klang Valley, including Kuala Lumpur.

Launch Promotions

  • 50% off the first seven rides (capped at RM15 per ride) until November 16, 2024.
  • 20% off for existing users on 20 rides (capped at RM15 per ride) until November 13, 2024.

Impact on Malaysia’s Ride-Hailing Market

Bolt’s entry into Malaysia introduces increased competition, likely benefiting consumers with:

  • Lower fares
  • Improved service options
  • Eco-friendly alternatives

In addition to ride-hailing, Bolt plans to expand its offerings in Malaysia to include food delivery and micromobility services like scooters and bikes, further diversifying its impact.

Getting Started with Bolt

To experience Bolt’s innovative and affordable services, users can download the Bolt app from the iOS and Android platforms.

A New Era of Urban Transportation

Bolt’s arrival in Malaysia signals its ambition to reshape urban mobility by offering cost-effective, reliable, and sustainable transportation solutions. As the company expands its footprint, it continues to redefine how cities move, making urban life more convenient and environmentally friendly.

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Bolt Officially Enters Malaysia’s Ride-Hailing Market
Nurul November 10, 2024
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