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26 March 2019

Bolt pledges not to ‘serve up eyeballs for advertisers’

First publishedon www.ITSInternational.com

Bolt, the ride-share firm which was previously called Taxify, has insisted that the ITS industry must be careful what it does with the data it collects.

Speaking at ITS International’s MaaS Market conference in London last week, Dominick Moxon-Tritsch, Bolt’s director of regulation and public policy, told delegates: “In principle we’ve got no problem with data sharing.”

The company already works with public authorities across Europe, he said, but there is an obligation on firms in the mobility sector to use data responsibly.

“There’s a reckoning coming: we don’t intend to be monetising our dataset,” he added. “We’re not in the business of serving up eyeballs for advertisers. We’re a transport business.”

Daimler and Chinese ride-share group DiDi have invested in Bolt, which was set up in Estonia in 2013 by entrepreneur Markus Villig.

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