Skip to main content

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

  • Efkon plans US$19.5 million investment in India
    April 13, 2012
    Within the next four or five years, more than US$19.44 million will be invested by Efkon India in its urban transportation and highway tolling businesses in the country. Pushkar Kulkarni, CEO of Efkon India told The Economic Times that the company will be increasing its investments since more contracts are being awarded by the National Highways Authority of India. He projected the domestic highway tolling equipment segment to grow by 10 times within the next five years, while the toll plaza operation and m
  • Nissan to lead human driving style AV project in the UK
    February 2, 2018
    Nissan’s European Technical Centre will lead a 30-month Autonomous Vehicle trial on UK country roads, high speed roundabouts, A-Roads and motorways with live traffic and different environmental conditions. Called the HumanDrive project, it will also emulate a natural human driving style with the intention of providing an enhanced experience for its occupants. The artificial driver model that controls perception and decision making will pilot the vehicle, and will be developed using artificial intelligence
  • BMW and Daimler to cooperate on advancing mobility offerings
    February 28, 2019
    BMW and Daimler are investing €1 billion to cooperate on developing their mobility offerings in car-sharing, ride-hailing, parking, charging and multimodal transport. Harald Krüger, chairman of BMW, says: “These five services will merge ever more closely to form a single mobility service portfolio with an all-electric, self-driving fleet of vehicles that charge and park autonomously and interconnect with the other modes of transport.” The partnership will combine existing services to form five joint vent
  • Oslo moves to ban city centre traffic
    November 5, 2015
    Cars will be banned from central Oslo by 2019 to help reduce pollution, local politicians said this week, in what they said would be the first comprehensive and permanent ban for a European capital. According to Reuters, the newly elected city council, made up of the Labour Party, the Greens and the Socialist Left, said the plans would benefit all citizens despite shop-owners' fears they will hurt business. "We want to have a car-free centre," Lan Marie Nguyen Berg, lead negotiator for the Green Party