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

  • Public Private Partnerships to gather pace in the US
    April 29, 2015
    Public Private Partnerships are set to play a big role in transportation funding as Andrew Bardin Williams discovers. The old joke goes that the road from New York to Chicago is paved with potholes. For decades, drivers from New York and New Jersey traveling across Pennsylvania to visit the Midwest have lambasted the Commonwealth’s roadways for their lack of smooth pavement.
    Read More
  • Canadian authorities convinced of enforcement safety benefits
    November 28, 2012
    Cost-benefit analysis invariably finds highly in favour of speed and red light enforcement, particularly so in Edmonton in the Alberta province of Canada, where authorities need no convincing of the merits of road safety engineering. Justification of enforcement efforts on economic grounds has been reinforced this year, by a study of the costs and benefits of red light enforcement. New York-based economic research firm John Dunham & Associates carried out this latest analysis for American Traffic Solutions
    Read More
  • EU investment fund ‘important for transport’
    December 19, 2014
    The new EU Commissioner for Transport, Violeta Bulc, said that the US$392 billion investment fund unveiled by President Juncker last week will have big significance for the transport sector. In a speech today to the Committee on Transport and Tourism at the European Parliament, Ms Bulc said that the new European Fund for Strategic Investment set up with the European Investment Bank (EIB) offers new opportunities to finance transport needs, particularly in urban mobility. “Investment needs in urban mob
    Read More
  • Easing congestion in Latin America
    January 28, 2015
    According to transport planning consultancy Steer Davies Gleave (SDG), the experiences of European cities like London, Milan and Stockholm show that implementing a congestion charging scheme has a positive effect on road user behaviour leading to a better quality of life for residents. However, it also poses challenges for decision makers, technicians, the private sector and users. In Latin America, where congestion levels are high and continuing to rise in its major cities, there is an opportunity to le
    Read More

Highlighted Content