Rival Uber based in Estonia Boulon technology Would explore a first public call to Public (IPO).
The mobility company explores options that may include an IPO, Bloomberg News reported Wednesday (February 26), citing sources familiar with the question.
These sources say that the company could continue a list in 2026 and weighed the advantages of becoming a public in the United States or Europe. The sources added that Bolt also envisaged other capital lifting routes.
Pymnts contacted Bolt to comment but has not yet received an answer.
“As with any company that plans a public list, we consult specialized advisers on a number of areas to help,” a spokesman for Bolt in Bloomberg told Bloomberg.
“We continue to assess a certain number of potential registration places,” added the spokesperson, noting that the date of IPO would depend on market conditions.
Bolt, whose services include running, food delivery and scooter rentals, was estimated at 7.4 billion euros in 2022 – or 7.7 billion dollars at today’s exchange rate, 8.4 billion dollars at the time – following a 628 million euros in funding.
The company raised another credit ease of $ 231 million in 2024 which, according to the CEO, Markus Villig, would help him “work in the implementation of the IPO”. Last year, the company also started hiring managers to bring its Escopes operations in the United States
The new one occurs while increasing the cost of carpooling services could lead to a drop in demand, according to a report last week to the supplier of concert workers’ application Grid.
The report revealed that the median price for carpooling services (Not to mention the advice) climbed 7.2% in 2024 after an increase of 7.6% in 2023.
“These trends reflect inflationary pressures, adjustments to basic prices and higher operational costs, including maintenance of fuels and vehicles,” said the report.
Offering reduced prices is the main way in which companies can keep users, the report has added, with approximately 56% of customers claiming that the lower rates keep them faithful to their chosen carpooling service.
“This highlights the importance of the operational efficiency and profitability of detention users,” said the report.
About 72% of consumers interviewed said they would reduce or stop their use of carpooling services if prices increased even more, while 19% have said that they would not change their user habits due to the price increase, according to the report.
Meanwhile, Uber reported earlier this month than its mobility segment benefiting from 24% growth on the other in raw reservations.
The company said it focused on stimulating demand through product innovation, the launch of services such as Uber Business Black and Uber for adolescentsAnd expanding low -cost options like Uberx Share and Uber Shuttle.