On Tuesday, Estonian start-up Bolt launched electric scooter services in nine German cities saying it was its biggest and most challenging rollout to date. Bolt will offer rides for as little as $0.06 (0.05 euros) per minute with no unlocking fees, in a market that sees peers charging typically 1 euro per trip plus 15-25…
On Thursday, Estonia-based ride-hailing service provider Bolt stated, it has decided to invest $118 million in 2021 and has set a goal to become the biggest e-scooter rental company in Europe. The development comes at a time when cab services have been severely affected by the coronavirus-induced COVID19 pandemic. As part of this strategy Bolt…
In a significant development, Estonia’s parliament has approved a new law – Electronics Communications Act – to ensure that proper security reviews are undertaken for the installation of telecom equipment for future communication networks. The law, which lawmakers dubbed the “Huawei law” in reference to the Chinese telecommunications company, leaves the details of implementation to…
On Wednesday, Estonia’s Bolt, a ride-sharing service provider, launched its own electric scooter model with the aim of launching the scooter service in more than 45 cities this summer. The Estonian company has grabbed business from Uber in many major African and Eastern Europe cities. Bolt has more than 30 million users in over 35…
In a significant development that bodes well for the environment, Estonians who have typically gone to the forest to down cut trees in the thousands to celebrate Christmas, can now do so with a smartphone app. The state forestry company of Estonia, has launched a mobile application which allows people to search for their trees…
Google online ad business faces strong risks of non-compliance to EU’s GDPR. In a development that marks a heightening of Google’s privacy woes, privacy campaigners have filed complaints to data protection regulators in France, Germany and seven other EU countries over the way Google handles data in its online advertising business. Last month, complaints filed…
Investors are increasingly investing in tech startups in the region whose graduates have strong math, computer science and engineering foundations. Tech entrepreneurs from south-eastern and central European countries, many of whom have had prior experience of launching their own businesses, are increasingly finding a success at enticing global investors, for the second time. Of late,…
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