Bolt cab service's annual revenue reaches €2 billion

- Estonian startup Bolt reported ARR of €2 bln - Bolt service is available to users in 50+ countries around the world - Bolt claims to be a leader in 20+ markets among them - It offers cabs, food delivery, scooter rentals, etc. - Estonia is one of the largest IT centers for the EU - According to the government, there are 1,500 startups operating there - Bolt's valuation two years ago was around €8 billion - At that time, the company raised €628 million in funding

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Electric unmanned eVTOL has made its debut takeoff in Germany

The all-electric prototype of the CityAirbus NextGen eVTOL vertical takeoff and landing vehicle successfully completed its first autonomous takeoff in Donauwörth, Germany. The CityAirbus NextGen eVTOL was introduced in March 2024 and is part of Airbus Helicopters' eVTOL personal flying vehicle initiative. It is made of lightweight and durable carbon composite material. The vehicle is equipped wit

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Air Mobility

Stephanie Turner

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11 days ago

Startup Wonder buys Grubhub business for $650 million

- Netherlands-based Just Eat Takeaway is selling the Grubhub business - The buyer of the business for $650 million will be startup Wonder - The deal between the two is expected to close before Q1 2025 - Sale of Grubhub will accelerate growth of Just Eat Takeaway business - The deal will give Grubhub and its employees a future with the company - Just Eat Takeaway acquired Grubhub for $7.3 billion i

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Bolt cab service's annual revenue reaches €2 billion

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Electric unmanned eVTOL has made its debut takeoff in Germany

Startup Wonder buys Grubhub business for $650 million