Bolt Business Model

Submitted by Alexa790 | April 17, 2023, 09:11:02 | Blog

The business model for a Bolt clone app is also based on taking a commission from the fare paid by the rider for each ride. The commission percentage may vary depending on the market and competition, but it typically ranges from 10% to 30%. The app may also charge a booking fee for each ride, which helps cover the costs associated with operating the platform.

To attract both riders and drivers, a Bolt clone app must offer competitive pricing, high-quality service, and a user-friendly app. The app must also invest in driver training and customer support to ensure a positive experience for all users.

Source: https://www.appicial.com/blog/bolt-business-model.html

Tags: bolt business, bolt business model
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