Food delivery service, Bolt Food will exit the Nigeria market on December 7, 2023.
Details
According to a report by Techpoint Africa, Bolt stated that its reason for discontinuing its food delivery operations was due to “business reasons”.
“The decision to exit this market is necessary to streamline our resources and maximise our overall efficiency as a company. This means that our users will not be able to place Bolt Food orders through our food app after the 7th of December, 2023.” the company said in a statement.
Background
Bolt Food launched in Nigeria In October 2021 and competed with other services like Jumia Food and Gokada.
Bolt Food extended its reach into other places in Lagos, including Ajah, Sangotedo, Festac, Satellite Town, Egbeda, and Ogba, in April 2023.
Source: Techpoint Africa
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