Bolt pledges not to ‘serve up eyeballs for advertisers’

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
March 26, 2019 Read time: 1 min

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 1846 ITS International’s 8545 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.”

2069 Daimler and Chinese ride-share group DiDi have invested in Bolt, which was set up in Estonia in 2013 by entrepreneur Markus Villig.

For more information on companies in this article

Related Content

  • The case for integrating urban traffic control and parking
    February 3, 2012
    Although urban traffic control and parking management are inextricably linked in so many ways, there remain fundamental differences which undermine closer integration. Car parking guidance systems can have a significant, positive impact on congestion in town and city centres, however conflicting business models still stand in the way of the more profound integration of car parking management and Urban Traffic Control (UTC) systems.
    Read More
  • ITS projects deliver return on investment
    December 3, 2012
    Light is being shed on where the real return on investment is today – growing, tangible, revenue-generating markets like ITS. There is a great deal of investment going on within the ITS space, and a great deal of external interest in investing in ITS,” says Scott Belcher, President and CEO of ITS America, which has been connecting investors with technology firms ripe for investment. Interested parties include the leading investment banking firm Raymond James. Its managing director, Gary Downing says: “ITS i
    Read More
  • Same old mistakes? Try something new
    June 28, 2018
    There’s nothing for it: we need to talk about Mobility as a Service (MaaS). The late Stephen Hawking’s publisher once told him that his readership would be cut in half for every equation he put in a book. Well, here goes nothing… One of the most famous equations in physics is Isaac Newton’s Second Law of Motion: Force = mass x acceleration. With a little tweaking, I think we
    Read More
  • Daimler investing carpooling company
    July 27, 2012
    Daimler AG is investing in carpooling.com GmbH which claims to be the world's leading ridesharing network, transporting one million people a month across Europe. The platform is available on the Internet, on smartphone apps and Facebook. The company claims it has experience globally in bringing together ride-sharers for both medium- and long-distance trips, as well as for commuting. By reviewing profiles and ratings users know exactly who they are traveling with. In addition to rides, the company's platform
    Read More

Highlighted Content