snoop1130 Posted July 29, 2020 Share Posted July 29, 2020 Estonian ride-hailer Bolt launches in Thailand offering better rates By Chayut Setboonsarng Image: Google BANGKOK (Reuters) - Bolt, a popular ride-sharing system in Eastern Europe and Africa, has rolled out its platform in Thailand, the company said on Wednesday, as competition grows among Southeast Asian ride-hailers. Backed by Daimler and China's Didi Chuxing, Bolt said its pilot venture in the Thai capital, its first in Southeast Asia, has more than 2,000 drivers and will offer better rates to drivers and riders. "For a minimum of six months, Bolt in Thailand commits to charging drivers no commission for using the platform and offers fares 20% lower than other competitors," it said. The announcement comes as drivers of well-funded rivals, including Singapore-based Grab, backed by SoftBank Group, and Indonesia's Go-Jek, battled the coronavirus crisis that has devastated economies around the globe. These services, however, were already reeling under high costs even before the outbreak. Grab Thailand lost more than $22 million in 2018, while rapid growth led to a near doubling of losses last year. "Our experience in Europe and Africa has proven that ride-hailing is not a winner-takes-all market," Bolt said in a statement to Reuters. Ride-sharing services exist in a legal gray area in Thailand, with police routinely stopping and fining drivers because they are not properly registered. "The existing pressure from taxi associations against legalisation still looms large," said Ben Kiatkwankul of government affairs advisory the Maverick Consulting Group. "The government could take action against these players in the future." Bolt said it complied with all requirements to operate in Thailand and worked with the government on regulation. Thailand's plan to legalise ride-hailing services this year has slowed because of the pandemic. Bolt, founded in 2013, has more than 30 million users in over 35 countries across Europe and Africa. -- © Copyright Reuters 2020-07-29 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates Link to comment Share on other sites More sharing options...
2 is 1 Posted July 29, 2020 Share Posted July 29, 2020 (edited) Every money go in Russian mafia pocket! After do little rouling its clean! Even make 20-40% lose its CLEAN! Edited July 29, 2020 by 2 is 1 Link to comment Share on other sites More sharing options...
Popular Post Tim207 Posted July 29, 2020 Popular Post Share Posted July 29, 2020 Chinese backed copy of Grab and Uber, no thanks. Use state money to undercut the original and setup for long term dominance. 5 Link to comment Share on other sites More sharing options...
Mr Meeseeks Posted July 29, 2020 Share Posted July 29, 2020 2 hours ago, snoop1130 said: with police routinely stopping and fining drivers Happens to everybody. 1 Link to comment Share on other sites More sharing options...
Popular Post NCC1701A Posted July 29, 2020 Popular Post Share Posted July 29, 2020 To hell with Communist China. 6 1 Link to comment Share on other sites More sharing options...
Popular Post RotBenz8888 Posted July 29, 2020 Popular Post Share Posted July 29, 2020 I only trust the ones with a minimum of 10 amulets stringed to the mirror. 1 3 Link to comment Share on other sites More sharing options...
richard_smith237 Posted July 29, 2020 Share Posted July 29, 2020 As Grab made deals with the DLT to include Taxi’s to stop the Taxi Mafia becoming *violent UBER were deemed illegal and effectively forced out of the marked removing the ‘competition’. Smaller companies such as All Thai Thai have been allowed to operate, because they are Thai and are small enough not the threaten Grab. This company is not Thai... it will be forced out of the Market in a relatively short period of time unless someone very well connected is receiving a healthy chunk. Ultimately they are likely receiving a very healthy chunk to allow this company to set up in competition in the first place. Once Grab lobbies their contacts any appetite to support this company [Bolt] will diminish and it will disappear into history. *in Bangkok at least, that didn’t really work elsewhere, Pattaya, Phuket, Samui. 1 Link to comment Share on other sites More sharing options...
Popular Post Mung Posted July 29, 2020 Popular Post Share Posted July 29, 2020 6 hours ago, 2 is 1 said: Every money go in Russian mafia pocket! After do little rouling its clean! Even make 20-40% lose its CLEAN! Last time I checked, Estonia wasn't Russia 4 1 1 Link to comment Share on other sites More sharing options...
Bender Rodriguez Posted July 30, 2020 Share Posted July 30, 2020 GRAB ... 114+ baht from home to school taxi in the street : 65-80 baht yeah.... those apps are really ... Link to comment Share on other sites More sharing options...
Toany Posted July 30, 2020 Share Posted July 30, 2020 if GRAB turns up, at least the app tells them where you are going and you do not get the Farang ripoff. I use GRAB because i don't have to haggle the price, but, they don't always turn up. 1 Link to comment Share on other sites More sharing options...
Burma Bill Posted July 30, 2020 Share Posted July 30, 2020 13 hours ago, Mung said: Last time I checked, Estonia wasn't Russia Yes indeed. It is an independent Baltic nation with membership of the EU. As an additional personal opinion - more gang warfare over passengers? Link to comment Share on other sites More sharing options...
Redline Posted July 30, 2020 Share Posted July 30, 2020 14 hours ago, richard_smith237 said: As Grab made deals with the DLT to include Taxi’s to stop the Taxi Mafia becoming *violent UBER were deemed illegal and effectively forced out of the marked removing the ‘competition’. Smaller companies such as All Thai Thai have been allowed to operate, because they are Thai and are small enough not the threaten Grab. This company is not Thai... it will be forced out of the Market in a relatively short period of time unless someone very well connected is receiving a healthy chunk. Ultimately they are likely receiving a very healthy chunk to allow this company to set up in competition in the first place. Once Grab lobbies their contacts any appetite to support this company [Bolt] will diminish and it will disappear into history. *in Bangkok at least, that didn’t really work elsewhere, Pattaya, Phuket, Samui. It’s Chinese-Thailand is a province-they will be fine 1 Link to comment Share on other sites More sharing options...
Emmess Posted July 30, 2020 Share Posted July 30, 2020 Downloaded it just to check their claims. The prices of Grab and Bolt seem to be almost the same. Deleted, as very satisfied with Grab. Thank you very much! Link to comment Share on other sites More sharing options...
Darkside Gray Posted July 30, 2020 Share Posted July 30, 2020 China the land that keeps on giving! Link to comment Share on other sites More sharing options...
Letseng Posted July 30, 2020 Share Posted July 30, 2020 On 7/29/2020 at 1:54 PM, 2 is 1 said: Every money go in Russian mafia pocket! After do little rouling its clean! Even make 20-40% lose its CLEAN! Estonia isn't connected to Russia. She is an independant EU member country. Link to comment Share on other sites More sharing options...
tingtong Posted July 30, 2020 Share Posted July 30, 2020 On 7/30/2020 at 1:25 AM, Mung said: Last time I checked, Estonia wasn't Russia Very true. However Estonia more likely only act as " flag of convenience" low tax EU base, for the non- Estonian owners... Link to comment Share on other sites More sharing options...
Curt1591 Posted July 31, 2020 Share Posted July 31, 2020 (edited) 19 hours ago, Toany said: if GRAB turns up 19 hours ago, Toany said: they don't always turn up From our experience, 4 tries, they never show up. Edited July 31, 2020 by Curt1591 Link to comment Share on other sites More sharing options...
A512 Posted July 31, 2020 Share Posted July 31, 2020 boycott bolt and Chinese products and services. Link to comment Share on other sites More sharing options...
A512 Posted July 31, 2020 Share Posted July 31, 2020 22 hours ago, tingtong said: Very true. However Estonia more likely only act as " flag of convenience" low tax EU base, for the non- Estonian owners... just another bull5h1t offshore shelf company. Link to comment Share on other sites More sharing options...
A512 Posted July 31, 2020 Share Posted July 31, 2020 On 7/31/2020 at 12:12 AM, Letseng said: Estonia isn't connected to Russia. She is an independant EU member country. shebang ???? Link to comment Share on other sites More sharing options...
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