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With ride-hail and delivery launch, Fenix wants to be the Bolt of the Middle...
Abu Dhabi-based mobility startup Fenix has added ride-hail and courier services to its portfolio of mobility products. The company launched “Fenix Taxi” in Manama, Bahrain, on Monday and says it’s...
View ArticleSo you have a 380x revenue multiple — now what?
At this point, covering the one-click checkout space feels like an exercise in horse-kicking, but we’d be remiss to skip our usual math on the Bolt situation. Bolt is one of the better-known one-click...
View ArticleEndurance events marketplace Let’s Do This raises $60M Series B led by Craft...
The appropriately named endurance (so: running, triathlon, cycling, etc.) events marketplace Let’s Do This (a YC alumni) appeared a couple of years ago listing all kinds of endurance activities...
View ArticleForever21’s parent company sues Bolt but settles for becoming a shareholder
A lawsuit that was filed against one-click checkout startup Bolt by one of its biggest customers will be dismissed as the two parties have agreed on a settlement, the companies announced jointly today....
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Fyto combines automation, robotics so aquatic ‘superplants’ can grow almost...
Fyto wants our plants to work smarter, not harder. The Petaluma, California–based company is developing both hardware and software to automate and scale the production of aquatic plants, or what...
View ArticleCauldrons, Bolts and sour markets: Welcome to Halloween in July
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It doesn’t feel like a short week, does it? Alex, Natasha and...
View ArticleChevy Bolt owners must choose between rebates and battery defect lawsuits
Jon Fingas Contributor Jon Fingas is a contributing writer at Engadget. More posts by this contributor Chevy Bolt owners must choose between rebates and battery defect lawsuits Volocopter’s...
View ArticleAmazon buys Roomba’s maker, Bolt vanishes, and YC slims down
Hello again! Welcome back to Week in Review, the newsletter where we quickly recap the top stories to cross TechCrunch dot-com over the past seven days. Want it in your inbox? Get it here. The most...
View ArticleBolt founder Ryan Breslow isn’t going away
Ryan Breslow has had a tumultuous 2022. It’s not slowing him down. Few outside of Breslow’s world even knew his name a year ago. Then Bolt, a “one-click” checkout tech company that evolved from an...
View ArticleUber wants court to nullify Kenya’s new ride-hailing law that caps service...
Uber has appealed to Kenya’s apex court to annul the new digital taxi-hailing regulations claiming that some aspects are unconstitutional, discriminatory, discouraging to foreign investments and...
View ArticleBolt launches virtual Shopper Assistant for easier access to personalized...
Bolt, which is mostly known for its one-click checkout experience, now has a new virtual Shopper Assistant so that retailers can more easily turn guest shoppers into account-holding customers. Company...
View ArticleUber, Bolt drivers hope for increased earnings foiled as Tanzania reinstates...
Barely a year after Tanzania capped the commissions that e-hailing firms like Uber and Bolt charge their partners at 15%, the authority in charge has backtracked on the order, taking away drivers’...
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What’s Stripe’s deal?
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it...
View ArticleEurope’s Bolt expands to Nepal with ride-hailing service
European startup Bolt is expanding to Nepal and launching its ride-hailing service in the country. The company’s previous market expansion was its launch in Thailand in 2020. On Wednesday, Bolt...
View ArticleBolt, ex-CEO Ryan Breslow subject of SEC probe
The SEC is reportedly investigating whether federal securities laws were violated in connection with statements made when Bolt was raising money in 2021.
View ArticleBolt CEO discusses company moving on after SEC probe
The investigation was a challenging period to manage client expectations, and CEO Maju Kuruvilla said he even got on sales calls himself. © 2023 TechCrunch. All rights reserved. For personal use only.
View ArticleHere’s how fintech Rainforest, a budding Stripe rival, aims to win over...
Rainforest raises $8.5M and PayPal gets hit with a lawsuit. We take a look at this and other hot fintech news from the previous week. © 2023 TechCrunch. All rights reserved. For personal use only.
View ArticleOne-click checkout company Bolt confirms another round of layoffs
This latest round of layoffs, which the spokesperson said happened last week, follow a handful of other layoffs made by the company since 2022. © 2023 TechCrunch. All rights reserved. For personal use...
View ArticleVC Arjun Sethi talks a big game about selling his company-picking strategies...
Arjun Sethi speaks with the confidence of someone who knows more than other people, or at least knows that sounding highly confident can shape perception. Either way, when he tells me over Zoom that...
View ArticleMaju Kuruvilla is out as CEO of one-click checkout company Bolt
Maju Kuruvilla is no longer CEO of one-click checkout company Bolt. He is replaced by Justin Grooms, Bolt’s global head of sales, who is now interim CEO, according to Grooms’ LinkedIn profile....
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