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Estonian unicorn Bolt reported losses of €547.2 million for 2021, though its turnover rose by 126 percent on year, to €500 million last year.

A major U.K. trade union has said that it will take a Tallinn, Estonia-headquartered ride-hailing company to court for treating its drivers as self-employed rather than full employees, denying them protections, including minimum wage and pensions.

AirAsia has launched a ride-hailing service in Bangkok, eyeing a slice of the region’s growing market as tourism reopens.

AirAsia Bhd has launched a ride-hailing service in Bangkok, eyeing a slice of the region’s growing market as tourism reopens. AirAsia Ride officially started operations from yesterday, with 3,000 drivers registered in the capital and plans to recruit more, the company said in a statement. The firm also aims to expand into holiday destinations in Thailand, such as Phuket and Chiang Mai, to capture demand from international tourists, it said. AirAsia, the budget airline that experimented with online commerce during the depths of the COVID-19 pandemic, is counting on a rebound in travel this s...

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