<p>Uber Technologies Inc's European rival, Bolt, on Wednesday launched an electric bike-sharing service in Paris, and said it would expand the offering to more European capitals this year.</p>.<p>Ride-hailing service Bolt also offers scooter rental and food delivery.</p>.<p>"Our new e-bikes sharing service will help to fulfil the demand for light, green individual modes of transport, which has seen growth due to European cities gradually coming out of <a href="https://www.deccanherald.com/tag/coronavirus" target="_blank">Covid-19</a> lockdown," Dmitri Pivovarov, unit head at Bolt, said in a statement.</p>.<p>In May, Bolt raised 100 million euros from London-based investment firm Naya Capital Management in a deal valuing the Estonian firm at 1.7 billion euros ($1.91 billion).</p>.<p>Founded in 2013, Bolt now has more than 30 million users in 35 countries. It has grabbed business from Uber mainly in major African cities and in Eastern Europe.</p>.<p>($1 = 0.8891 euro) </p>
<p>Uber Technologies Inc's European rival, Bolt, on Wednesday launched an electric bike-sharing service in Paris, and said it would expand the offering to more European capitals this year.</p>.<p>Ride-hailing service Bolt also offers scooter rental and food delivery.</p>.<p>"Our new e-bikes sharing service will help to fulfil the demand for light, green individual modes of transport, which has seen growth due to European cities gradually coming out of <a href="https://www.deccanherald.com/tag/coronavirus" target="_blank">Covid-19</a> lockdown," Dmitri Pivovarov, unit head at Bolt, said in a statement.</p>.<p>In May, Bolt raised 100 million euros from London-based investment firm Naya Capital Management in a deal valuing the Estonian firm at 1.7 billion euros ($1.91 billion).</p>.<p>Founded in 2013, Bolt now has more than 30 million users in 35 countries. It has grabbed business from Uber mainly in major African cities and in Eastern Europe.</p>.<p>($1 = 0.8891 euro) </p>