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

  • Quarterhill announces shift in strategy driving revenue growth
    August 11, 2017
    Quarterhill has announced its financial results for the three- and six-month periods ended 30 June 2017, during which it announced a new acquisition-oriented growth strategy and changed the name of the public company to Quarterhill. The company posted revenue of US$18.6 million and adjusted EBITDA of US$4.8 million, Net income was US$3.6 million and cash from operations was US$3.1 million. It also acquired International Road Dynamics (IRD), a highway traffic management technology company specialising in sup
  • UK government to invest in autonomous cars, low emission vehicles
    November 24, 2016
    Presenting his Autumn Statement, Chancellor Philip Hammond announced investment in transportation, including £390 million for future transport and a major new investment in the UK transport infrastructure. The £390 million investment in future technology includes: investment in testing infrastructure for driverless cars; provision of at least 550 new electric and hydrogen buses, reduce the emissions of 1,500 existing buses and support taxis to become zero emission; installation of more charging points fo
  • Iteris and Cisco to deliver connected road solutions
    January 15, 2019
    Iteris is promoting Cisco’s Connected Roadway solution through initiatives between the companies which include a demo at the Smart Cities Innovation Accelerator during this week’s Innovator’s Forum in Las Vegas, US. Iteris is to integrate its Vantage Next video detection platform with Cisco’s Kinetic software solution to help improve traffic flow and reduce congestion. The edge-processing Internet of Things solution is being deployed with Las Vegas city authorities and will analyse multimodal data from
  • Xerox Achieves ISO 9001 Quality Management System certification
    March 7, 2014
    Following a multi-location assessment of seven work sites Xerox’s Government and Transportation Sector Technology Delivery Center (GTS TDC) has achieved ISO 9001:2008 Quality Management System certification. Xerox GTS TDC designs, develops and delivers technology transportation solutions in electronic tolling, parking, photo enforcement, fare collections and management, and computer-aided dispatch/automatic vehicle location (CAD/AVL) systems. The assessment found that Xerox GTS TDC yielded ‘zero nonco