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September 2, 2025

Bolt valuation drops 14% in discounted secondary share sale

The Estonian ride hailing platform is vying with US giant Uber for Europe's taxi app market

Discounted shares in a secondary sale at ride hailing scaleup Bolt suggest a 14% valuation drop on the €7.4bn peak the company hit in 2022, as the Estonian unicorn vies with US giant Uber for Europe’s taxi app market.

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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