Dubai Taxi Partners with Bolt for Smart Mobility

Dubai Taxi Company PJSC, a leading provider of mobility solutions in the UAE, has announced its strategic partnership with Bolt, a global shared mobility platform. This collaboration marks a significant milestone with Bolt achieving 1 million trips in Dubai since its launch in December 2024. This milestone is not just a testament to Bolt's rapid growth but also highlights the successful integration of Dubai Taxi Company's fleet into Bolt's platform, enhancing the smart mobility landscape in the emirate.

Bolt's success in reaching this milestone is attributed to its fleet of premium limousines sourced from over 200 reputed partners, including Dubai Taxi Company, and supported by 18,000 well-trained drivers. The user-friendly app features such as transparent pricing, seamless navigation, live tracking, and a variety of ride options have significantly boosted customer confidence in Bolt's services.

This partnership aligns with Dubai Taxi Company's ambitious growth strategy to expand smart transportation services throughout Dubai. It also supports the Dubai government's directive to transition 80% of taxi trips to e-hailing in the coming years. Mansoor Alfalasi, CEO of Dubai Taxi Company, expressed his enthusiasm for this achievement, highlighting the importance of offering convenient and affordable transport options to meet the rising demand due to Dubai's growing population and influx of visitors.

Looking ahead, Dubai Taxi Company plans to integrate taxi services onto the Bolt platform, providing more options, convenience, and efficiency for users. This move is expected to further enhance the digital mobility experience in Dubai and potentially extend Bolt's footprint beyond Dubai to other emirates.

For investors, this partnership represents a promising opportunity. The integration of traditional taxi services with smart mobility solutions positions Dubai Taxi Company as a key player in the evolving transportation ecosystem. The company's dominant market share and strategic collaborations suggest a solid foundation for future growth. Given these factors, investors may consider holding their positions in Dubai Taxi Company as it continues to innovate and expand its services.