The Bolt taxi service (formerly Taxify) plans to launch a Bolt Food delivery service in Ukraine in 2020.
“The demand for food delivery in Ukraine is quite high. We see great potential and are working on launching a food delivery service in Ukraine in 2020,” a company’s press service quotes its regional manager in Ukraine Taras Potichny as saying.
According to him, the first Bolt Food service will start working in Tallinn. By the end of 2019, the service also may launch in Latvia, Lithuania, South Africa, and on other European and African markets in 2020.
As reported, Bolt plans to launch a scooter rental service in Ukraine and is mulling Kyiv, Lviv and Odesa as possible launch points.
In early March Taxify was renamed Bolt.
The Better Regulation Delivery Office (BRDO) estimates the volume of the illegal taxi market in Ukraine at 93-98% with the market volume being UAH 40 billion a year, head of the Infrastructure sector at BRDO Vladyslav Prytomanov has said during the round table “The taxi services market” in Kyiv. “According to experts, the total volume of the taxi market in Ukraine is UAH 40 billion a year, which are distributed between carriers (UAH 36 billion) and information and dispatch services (UAH 4 billion). At the same time, the level of market shadowing ranges from 93% to 98%, about 95% on average,” he said.
According to BRDO, there are about 220,000 taxi drivers in Ukraine, serving 280 million passengers annually. The average cost of a taxi ride in Ukraine is relatively low compared to other countries and amounts to UAH 60-90 for a trip within the city.
The expert noted that the budget revenues from the taxi market work are 1-3% of the minimum projected.
Speaker of the Association of Responsible Carriers public organization Oleksandr Diachenko, in turn, said that according to a study conducted by GfK, 42.7% of drivers are willing to work with an illegal taxi service if they need to pay 15-20% of taxes for legal work.