Uber-rival Bolt raises 100 million euros

Posted On Oct 19 2020 by

first_img“Even though the crisis has temporarily changed how we move, the long-term trends that drive on-demand mobility such as declining personal car ownership or the shift towards greener transportation continue to grow,” Villig said.In April, Bolt turned to Estonia’s government, asking to guarantee a 50 million euros credit, but it has since ditched the plan.“We understood quickly that from the state side there was no interest and we buried this plan,” Villig said.Bolt offers also scooter rental and food delivery. Bolt has expanded its food delivery business to 15 countries from four during this year as demand has surged.“It has multiplied. If you look at countries, from 4 to 15, the deliveries have grown faster,” Villig said.The 2013-founded Bolt — which has over 30 million users in 35 countries — has grabbed business from Uber mostly in major African cities and Eastern Europe.Topics : Ride-hailing service Bolt said on Tuesday it has raised 100 million euros (US$109 million) from London-based investment firm Naya Capital Management in a deal valuing the European rival of Uber at 1.7 billion euros.Bolt said the funding would allow it to grab market share in a sector hurt by COVID-19, as lockdowns have kept customers indoors, and rivals Uber, Lyft and Softbank-backed Ola cut thousands of jobs.“In the next 12-18 months we have an opportunity to win market share,” Bolt founder and Chief Executive Markus Villig told Reuters in an interview.last_img read more

This Nike Sneaker Is Inspired by Coming to America

Posted On Sep 1 2019 by

first_img Look, even if Milwaukee Bucks superstar and recent first-time MVP award-winner Giannis Antetokounmpo’s first signature shoe were utter garbage I’d probably still wear it. The kid is the reigning Sweetest Boy in Basketball and I will support anything and everything he does on general principal. Watch this video and tell me I’m wrong.Luckily, Giannis’s first signature shoe is far from utter garbage — in fact, it’s pretty dope. The Nike Freak 1 is a low-cut stunner featuring sleek modest design anchored by an already-classic giant reversed swoosh built into the heel. It’s a rock-solid first signature shoe that immediately distinguishes itself from the rest of Nike’s signature line — no small feat in the world of basketball shoes.AdChoices广告The shoe debuted last month with three initial colorways: a simple black and white, a sleek white and red, and a flashy multicolor. However, just a couple of weeks after debuting the shoe, Nike has played the ace up their sleeve: the Freak 1 ‘Coming To America’ edition.If his last name didn’t tip you off, Giannis isn’t from around here. He hails from Athens, Greece, with his journey to basketball royalty from the small Athens neighborhood of Sepolia providing a compelling and unique narrative in the modern basketball landscape. It also provides part of the inspiration behind the Freak 1’s collaboration with Paramount Pictures to make the Coming to America crossover happen.The 1988 Eddie Murphy classic follows the Crown Prince of Zamuda (no, it’s not a real place) Akeem Joffer as he travels to America in search of true love rather than submit to the arranged marriage his parents have organized for him.(Photo Credit: Nike)The colorway is built from a black and gold base with a subtle leopard print upper (a nod to Prince Akeem’s costuming in the movie), as well as a plush tongue with the official Coming to America logo emblazoned on it. The heels feature a big golden Nike swoosh. Details don’t stop at the shoe itself, though. The box comes in a metallic gold with red accents and instead of packing paper, the box is filled with pink rose petals, another allusion to the film. Each box will also include a card featuring a Coming to America-inspired illustration of Giannis.Alongside the shoe Nike will be releasing a range of clothing featuring the same black/gold/leopard-print color scheme. The range includes a track jacket, basketball shorts, a tee shirt, and a hat.Whether you’re a fan of Giannis or Eddie Murphy’s particular brand of comedy, the Nike Freak 1 ‘Coming to America’ is a can’t-miss for sneakerheads this year. You can catch the shoe and range of clothing on August 2. Keep an eye on the Nike SNKRS app for more details.More on Geek.com:Nike x ‘Stranger Things’ Collection Goes Back to the Summer of ’85Nike’s Newest Air Max 97 Is Inspired by the Nintendo 64Best Shoes of 2019 (So Far) For Sneaker Geeks Stay on target Nike x ‘Stranger Things’ Is Back With an Upside Down-Inspire…Here’s a Closer Look at the Nike Kyrie 5 SpongeBob Pack last_img read more