Just a small point with regards to Bolt is that it seems to be a law of nature that no European firm can ever survive a sustained challenge from an American firm, so I can see Uber reaching a size where it pushes Bolt out of every market, just like when eBay eliminated Ricardo and then bought Gumtree to corner the second hand goods market.
It’s a good point but the “battlegrounds” where bolt and uber compete are quite limited for now (the UK being one such). Also not all services are the same. Uber have no micro-mobility for example. Also the competition is more against entrenched and traditional taxi firms than against each other from what I’ve seen
Just a small point with regards to Bolt is that it seems to be a law of nature that no European firm can ever survive a sustained challenge from an American firm, so I can see Uber reaching a size where it pushes Bolt out of every market, just like when eBay eliminated Ricardo and then bought Gumtree to corner the second hand goods market.
It’s a good point but the “battlegrounds” where bolt and uber compete are quite limited for now (the UK being one such). Also not all services are the same. Uber have no micro-mobility for example. Also the competition is more against entrenched and traditional taxi firms than against each other from what I’ve seen