Online taxi

Saudiization in the online taxi sector will affect Malaysian drivers | Kochi News

Jeddah: The Ministry of Labor has ordered to locate jobs in the taxi sector online for Saudi citizens, prohibiting the employment of foreign workers. Online taxis, introduced two years ago, are very popular. Thousands of Malayalis work in this sector. For many Malayalis it is an additional source of income. They work part-time evenings after […]

Taxi app

European Investment Bank-backed Bolt taxi app to compete with Uber

Markus Villig, CEO of Bolt Lock Bolt, the European challenger to giant Uber, has secured 50 million euros ($56 million) in debt financing from the EU’s lending arm. The European Investment Bank, or EIB, invested in Bolt through a subprime loan, which is used as an alternative to taking an equity stake in a start-up […]