Europe’s Bolt expands to Nepal with ride-hailing service

European startup Bolt is expanding to Nepal and launching its ride-hailing service in the country. The company’s previous market expansion was its launch in Thailand in 2020.
On Wednesday, Bolt announced the pilot of its on-demand ride-hailing service in Nepal’s capital, Kathmandu. The startup has kicked off the service with more than 400 local drivers.
Nepal, which has a per-capita national disposable income of $1,683, already has two foreign companies operating in the country’s ride-hailing market — Mountain View-headquartered InDrive and Bangladesh’s Pathao. However,

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