Bolt Food

{{short description|Food delivery service}}

{{Infobox company

| name = Bolt Food

| logo = Bolt Food logo.png

| type = Product

| founders = Markus Villig

| area_served = 19 countries in Europe and Africa

| key_people =

| industry = Online food ordering

| services = Food delivery, Grocery delivery

| products = Bolt Food, Bolt Market

| revenue =

| operating_income =

| net_income =

| owner =

| parent = Bolt

| divisions =

| subsid =

| website = {{URL|food.bolt.eu}}

| caption =

| foundation = {{start date and age|2019|8}}

| location = Tallinn, Estonia

| incorporated =

}}

Bolt Food is an online food ordering and delivery platform launched by Bolt in 2019. Meals and groceries are delivered by couriers using cars, scooters, bikes, or on foot. Bolt Food is operational in over 80 cities across 19 countries as of 2023.

The service has more than 6 million registered users globally, and features more than 30,000 partner restaurants and chains.{{Cite web |date=2022-03-24 |title=Bolt Food dostarcza w Łodzi |url=https://handelextra.pl/artykuly/257774,bolt-food-dostarcza-w-lodzi |access-date=2023-02-09 |website=Handelextra |language=pl}}

In 2021, Bolt Food launched its rapid grocery delivery service, Bolt Market.{{Cite web |last=Keane |first=Jonathan |title=Bolt Is Entering The Bustling Dark Store Business |url=https://www.forbes.com/sites/jonathankeane/2021/05/31/bolt-is-entering-the-bustling-dark-store-business/ |access-date=2023-02-09 |publisher=Forbes}}

History

File:Bolt Food courier on a bike.jpg, Estonia]]

File:Bolt Market grocery bag.jpg, Portugal]]

Transport company, Bolt diversified into food delivery in August 2019, launching Bolt Food in Tallinn, Estonia and announcing plans to expand the service to Latvia, Lithuania, and South Africa later that year.{{Cite web |last=Schulze |first=Elizabeth |title=Uber rival Bolt launches food delivery service in Europe |url=https://www.cnbc.com/2019/08/21/uber-rival-bolt-launches-food-delivery-service-bolt-food-in-europe.html |access-date=2023-02-09 |publisher=CNBC}}

During the launch, Bolt's Chief Product Officer, Jevgeni Kabanov, said that establishing a food delivery service had been a popular request from existing Bolt users for quite some time.{{Cite web |last=Henoch |date=2019-08-21 |title=Bolt launches food delivery service |url=https://ecommercenews.eu/bolt-launches-food-delivery-service/ |access-date=2023-02-09 |publisher=Ecommerce News}}

In April 2021, the Bolt Food app was added to the Huawei AppGallery after Huawei claimed to have received more than 2,000 requests for users to onboard the mobile app.{{Cite web |last=Khanna |first=Prakhar |date=2021-04-27 |title=Popular European food delivery service, Bolt Food joins HUAWEI AppGallery |url=https://pocketnow.com/popular-european-food-delivery-service-bolt-food-joins-huawei-appgallery/ |access-date=2023-02-09 |website=Pocketnow}}

In August 2021, Bolt raised €600 million to launch the Bolt Market grocery delivery service.{{Cite web |last=Tucker |first=Charlotte |date=2021-08-02 |title=Tallinn-based Bolt lands €600 million to launch new grocery delivery, Bolt Market, in 10 European countries |url=https://www.eu-startups.com/2021/08/tallinn-based-bolt-lands-e600-million-to-launch-new-grocery-delivery-bolt-market-in-10-european-countries/ |access-date=2023-02-09 |website=EU-Startups}}

In January 2022, the company announced that it had raised €628 million at a €7.4 billion valuation to expand its transport and food delivery super app.{{Cite web |last=Lunden |first=Ingrid |date=2022-01-11 |title=Bolt raises $709M at an $8.4B valuation to expand its transportation and food delivery super app |url=https://techcrunch.com/2022/01/10/bolt-raises-709m-at-an-8-4b-valuation-to-expand-its-transportation-and-food-delivery-super-app/ |access-date=2023-02-09 |website=TechCrunch}}

As of January 2023, Bolt Food operates in more than 80 cities and 19 countries in Europe and Africa.

Grocery delivery

In 2021, Bolt announced the launch of Bolt Market, a grocery delivery service available on the Bolt Food app.{{Cite web |last=Keane |first=Jonathan |title=Bolt Is Entering The Bustling Dark Store Business |url=https://www.forbes.com/sites/jonathankeane/2021/05/31/bolt-is-entering-the-bustling-dark-store-business/ |access-date=2023-02-09 |publisher=Forbes}}

Bolt Market stores offer delivery of groceries and household essentials like pet care, personal care, baby care and home care products. The service expanded its selection to more than 3,000 products per store and has matched supermarket prices for hundreds of key products.{{Cite web |date=2021-09-28 |title=Bolt Food launches Bolt Market grocery stores |url=https://blog.bolt.eu/en/bolt-market-grocery-store-launch/ |access-date=2023-02-09 |website=Bolt}}

Bolt Market launched in Tallinn, Estonia and expanded to Latvia, Lithuania, Portugal, Romania, Poland, Slovakia, Croatia, and the Czech Republic in 2021 and Sweden in January 2022.

As of January 2023, Bolt Market is operational in 6 countries.{{Cite web |date=2020-04-09 |title=A supermarket on your phone: Bolt Food delivers groceries to your doorstep |url=https://blog.bolt.eu/en/a-supermarket-on-your-phone-bolt-food-delivers-groceries-to-your-doorstep/ |access-date=2023-02-09 |website=Bolt}}

See also

References

{{Reflist|30em}}