Ride-haillng service, Taxify has changed its name to Bolt to expand transport options beyond cars.
The European transportation platform disclosed the new name “Bolt” stating that the decision was to expand its services, which include providing multiple transportation options beyond private cars.
Markus Villig, Taxify now Bolt co-founder and chief executive, said Bolt represents the company’s goal of solving urban transportation problems beyond sharing taxis to motorbikes and scooters.
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Confirming the new development on Twitter, Bolt Nigeria wrote:
“With our entry into Nigeria over 2 years ago, we had one goal – build the best way to move in all the cities we operate.
“We have grown in leaps and bounds over the years and are now aiming to solve transportation needs on a broader scale.
“Because of this, we are rebranding to take on a new name, one which encompasses our future.
“Our new name Bolt, stands for fast, effortless movement- exactly what you deserve,” the ride-hailing and scooter service company shared.