Bolt Food Bids Farewell to Nigeria’s Food Delivery Scene This December

/

Bolt Food has announced that it will be exiting the Nigerian market on December 7, 2023, citing strategic reasons for discontinuing its food delivery operations in the country. The company emphasized the need to optimize resources and enhance overall efficiency as the driving force behind this decision.

Back in March 2021, Bolt had expressed its interest in entering the Nigerian food delivery market, responding to the increased demand for such services during the pandemic. The subsequent launch of Bolt Food in October 2021 aimed to compete with rivals like Jumia Food and Gokada, offering simplified access to food in Lagos and expanding its reach to various areas in April 2023.

Despite the decision to exit the food delivery sector, Bolt remains committed to its other verticals in Nigeria, assuring customers of continued focus on delivering high-quality services. The company is actively collaborating with its couriers and merchants to ensure a smooth transition during this process.

In the dynamic Nigerian food delivery market, characterized by a growing demand for convenience and diverse food options, Bolt Food faced competition from Glovo, Chowdeck, Buyfood, and Jumia Food. Glovo’s recent partnership with Chicken Republic, leading to the termination of affiliations with Jumia Food and Bolt Food, reflects the evolving landscape of the industry.

While the food delivery sector in Nigeria encounters challenges such as managing customer expectations, food handling practices, market price fluctuations, and logistical issues, the persistent trend of Nigerians embracing food delivery services continues.

The industry is projected to experience significant growth, with IMARC Group estimating a market worth of $1,719.4 million by 2028, fueled by a compound annual growth rate (CAGR) of 12.2% from 2023.”

More Branches.

Internet Company Reaching Young & Smart Africans from Lagos, Nigeria.

174 Comments

  1. Can I just say what a comfort to discover someone who actually knows what they are talking about over the internet. You definitely realize how to bring an issue to light and make it important. A lot more people ought to check this out and understand this side of your story. I was surprised you are not more popular since you definitely possess the gift.

  2. May I just say what a relief to find an individual who really understands what they are talking about online. You certainly know how to bring an issue to light and make it important. More people must check this out and understand this side of your story. I was surprised you’re not more popular because you definitely possess the gift.

  3. An outstanding share! I’ve just forwarded this onto a coworker who was doing a little research on this. And he in fact bought me dinner simply because I found it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanks for spending the time to discuss this subject here on your web site.

  4. I blog quite often and I seriously thank you for your content. Your article has truly peaked my interest. I am going to bookmark your site and keep checking for new information about once a week. I opted in for your RSS feed as well.

  5. An outstanding share! I have just forwarded this onto a colleague who was conducting a little research on this. And he actually ordered me lunch simply because I stumbled upon it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanks for spending time to talk about this matter here on your website.

  6. This is a really good tip particularly to those new to the blogosphere. Simple but very accurate info… Appreciate your sharing this one. A must read article.

  7. Hi, I do think this is an excellent website. I stumbledupon it 😉 I am going to come back yet again since i have book marked it. Money and freedom is the greatest way to change, may you be rich and continue to help others.

  8. Having read this I thought it was really enlightening. I appreciate you taking the time and effort to put this short article together. I once again find myself personally spending a significant amount of time both reading and commenting. But so what, it was still worth it.

  9. You’re so awesome! I don’t think I’ve read a single thing like this before. So great to find someone with genuine thoughts on this issue. Really.. thanks for starting this up. This site is one thing that is required on the web, someone with a bit of originality.

  10. You’re so interesting! I do not think I’ve truly read through something like this before. So wonderful to find somebody with some unique thoughts on this topic. Really.. thank you for starting this up. This web site is one thing that is required on the internet, someone with a little originality.

  11. Hi, I do think this is an excellent blog. I stumbledupon it 😉 I’m going to revisit yet again since i have book-marked it. Money and freedom is the best way to change, may you be rich and continue to guide other people.

  12. {Tôi đã rất vui để tìm thấy trang web này. Tôi muốn cảm ơn bạn {vì đã|dành thời gian cho|chỉ vì điều này|vì điều này|cho bài đọc tuyệt vời này!! Tôi chắc chắn yêu thích từng một chút nó và tôi đã đã đánh dấu trang để xem những thứ mới trong trang web của bạn.|Tôi có thể chỉ nói rằng thật nhẹ nhõm để khám phá một cá nhân mà thực sự biết họ là gì thảo luận trên web. Bạn chắc chắn nhận ra cách đưa một vấn đề ra ánh sáng và làm cho nó trở nên quan trọng. Nhiều người hơn nữa phải kiểm tra điều này và hiểu khía cạnh này của. Tôi không thể tin bạn không nổi tiếng hơn vì bạn chắc chắn nhất sở hữu món quà.|Rất tốt bài viết. Tôi chắc chắn đánh giá cao trang web này. Tiếp tục viết!|Thật khó tìm những người có hiểu biết sâu rộng về điều này, nhưng bạn có vẻ bạn biết mình đang nói gì! Cảm ơn|Bạn nên là một phần của một cuộc thi dành cho một blog trên mạng tuyệt vời nhất. Tôi chắc chắn sẽ khuyến nghị blog này!|Một cuộc thảo luận thú vị chắc chắn đáng giá bình luận. Tôi nghĩ rằng bạn cần xuất bản thêm về chủ đề này, nó có thể không là một điều cấm kỵ chủ đề nhưng nói chung mọi người không nói về chủ đề như vậy. Đến phần tiếp theo! Chúc mọi điều tốt đẹp nhất.|Xin chào! Tôi chỉ muốn cho bạn một rất cho thông tin tuyệt vời bạn có ở đây trên bài đăng này. Tôi sẽ là quay lại blog của bạn để biết thêm thông tin sớm nhất.|Sau khi tôi ban đầu bình luận tôi có vẻ như đã nhấp vào hộp kiểm -Thông báo cho tôi khi có bình luận mới- và bây giờ mỗi lần được thêm vào tôi nhận được bốn email có cùng nội dung. Có một phương tiện bạn có thể xóa tôi khỏi dịch vụ đó không? Cảm ơn.|Lần sau nữa Tôi đọc một blog, Tôi hy vọng rằng nó không làm tôi thất vọng nhiều như bài này. Ý tôi là, Tôi biết điều đó là sự lựa chọn của tôi để đọc hết, dù sao thì tôi thực sự nghĩ có lẽ có điều gì đó hữu ích để nói về. Tất cả những gì tôi nghe được là một loạt tiếng rên rỉ về điều gì đó mà bạn có thể sửa nếu bạn không quá bận tìm kiếm sự chú ý.|Đúng với bài viết này, tôi hoàn toàn tin trang web tuyệt vời này cần nhiều hơn nữa sự chú ý.

  13. This is the perfect web site for anybody who wants to understand this topic. You realize so much its almost hard to argue with you (not that I actually will need to…HaHa). You definitely put a new spin on a subject that has been written about for a long time. Excellent stuff, just excellent.

  14. I really love your site.. Very nice colors & theme. Did you develop this website yourself? Please reply back as I’m looking to create my very own blog and want to find out where you got this from or what the theme is called. Many thanks.

  15. An impressive share! I’ve just forwarded this onto a coworker who was doing a little homework on this. And he in fact ordered me dinner due to the fact that I found it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanks for spending time to talk about this subject here on your blog.

  16. Right here is the perfect webpage for anybody who wishes to find out about this topic. You know so much its almost tough to argue with you (not that I personally would want to…HaHa). You definitely put a brand new spin on a topic that has been discussed for many years. Excellent stuff, just great.

  17. I just could not leave your web site before suggesting that I actually enjoyed the standard information a person supply for your visitors? Is going to be back frequently in order to check out new posts

  18. Oh my goodness! Impressive article dude! Thanks, However I am experiencing problems with your RSS. I don’t understand why I can’t subscribe to it. Is there anyone else getting the same RSS issues? Anyone that knows the answer can you kindly respond? Thanx!

  19. After I originally commented I appear to have clicked the -Notify me when new comments are added- checkbox and now whenever a comment is added I receive 4 emails with the exact same comment. Perhaps there is a way you can remove me from that service? Thanks.

  20. of course like your web site but you have to check the spelling on several of your posts. Many of them are rife with spelling problems and I find it very troublesome to tell the truth nevertheless I’ll definitely come back again.

  21. hey there and thanks to your information – I have definitely picked up anything new from right here. I did on the other hand experience several technical points the usage of this web site, since I experienced to reload the site lots of occasions previous to I could get it to load properly. I had been wondering if your web hosting is OK? Now not that I am complaining, however slow loading instances times will often have an effect on your placement in google and could injury your high-quality rating if ads and ***********|advertising|advertising|advertising and *********** with Adwords. Anyway I’m including this RSS to my e-mail and can glance out for a lot extra of your respective exciting content. Ensure that you update this again very soon..

  22. Your style is unique compared to other people I’ve read stuff from. Thanks for posting when you’ve got the opportunity, Guess I’ll just book mark this blog.

  23. Right here is the perfect blog for everyone who
    wishes to find out about this topic. You know so much its almost
    hard to argue with you (not that I really would want to…HaHa).

    You definitely put a fresh spin on a subject
    that’s been discussed for many years. Wonderful stuff,
    just great!

    My web page: learn more

  24. The next time I read a blog, I hope that it does not disappoint me just as much as this one. I mean, I know it was my choice to read through, however I actually thought you would have something useful to say. All I hear is a bunch of whining about something you can fix if you were not too busy looking for attention.

  25. That is a really good tip especially to those fresh to the blogosphere. Brief but very precise info… Appreciate your sharing this one. A must read article.

  26. A motivating discussion is worth comment. I think that you should write more about this subject, it might not be a taboo matter but usually people do not talk about these topics. To the next! All the best.

  27. I’m excited to discover this web site. I need to to thank you for ones time for this fantastic read!! I definitely savored every bit of it and i also have you bookmarked to see new stuff in your site.

  28. Everything is very open with a very clear explanation of the issues. It was definitely informative. Your website is useful. Thank you for sharing.

  29. Spot on with this write-up, I actually feel this web site needs a great deal more attention. I’ll probably be back again to read more, thanks for the info.

  30. After looking at a handful of the blog articles on your web page, I seriously appreciate your technique of writing a blog. I added it to my bookmark webpage list and will be checking back soon. Take a look at my web site as well and tell me your opinion.

  31. An impressive share! I’ve just forwarded this onto a friend who had been conducting a little research on this. And he in fact bought me breakfast simply because I stumbled upon it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanks for spending some time to talk about this topic here on your site.

  32. Having read this I believed it was really informative. I appreciate you taking the time and energy to put this informative article together. I once again find myself personally spending way too much time both reading and commenting. But so what, it was still worth it.

  33. Good day! I could have sworn I’ve visited this web site before but after browsing through a few of the articles I realized it’s new to me. Anyhow, I’m definitely happy I stumbled upon it and I’ll be book-marking it and checking back often!

  34. After I originally left a comment I seem to have clicked the -Notify me when new comments are added- checkbox and from now on every time a comment is added I recieve 4 emails with the exact same comment. Perhaps there is a means you can remove me from that service? Thanks.

  35. Good post. I learn something new and challenging on blogs I stumbleupon on a daily basis. It will always be helpful to read articles from other authors and practice something from other sites.

  36. I blog frequently and I truly thank you for your information. This great article has truly peaked my interest. I am going to bookmark your website and keep checking for new information about once per week. I subscribed to your RSS feed as well.

  37. Howdy! This post couldn’t be written any better! Looking through this article reminds me of my previous roommate! He always kept talking about this. I will forward this information to him. Pretty sure he will have a very good read. Many thanks for sharing!

  38. Having read this I thought it was extremely enlightening. I appreciate you spending some time and energy to put this informative article together. I once again find myself spending a lot of time both reading and commenting. But so what, it was still worth it.

  39. Hey! This post couldn’t be written any better!
    Reading through this post reminds me of my previous room mate!
    He always kept talking about this. I will forward this
    page to him. Pretty sure he will have a good read. Thank
    you for sharing!

    my website :: visit website

  40. Hi there! Do you know if they make any plugins
    to assist with Search Engine Optimization? I’m trying to get my blog to rank
    for some targeted keywords but I’m not seeing very good success.

    If you know of any please share. Thank you! You can read similar art here:
    GSA Verified List

  41. Hi there! Do you know if they make any plugins to assist with SEO?
    I’m trying to get my site to rank for some targeted keywords but I’m not seeing very good
    results. If you know of any please share. Appreciate it! You can read similar blog here: Link Building

  42. Wow, superb weblog layout! How lengthy have you ever been running a blog
    for? you made running a blog glance easy. The whole glance of
    your website is fantastic, as neatly as the
    content! You can see similar here sklep online

  43. Thank you I have just been searching for information approximately this topic for a while and yours is the best I have found out so far However what in regards to the bottom line Are you certain concerning the supply

Leave a Comment

Your email address will not be published.

Previous Story

8syn FKA One Acen is Redefining His Path, Embracing His Culture and Afrobeats

Next Story

Death Toll Climbs to 29, Over 300,000 Displaced in Somalia Amidst EastAfrica’s Unprecedented Flooding

Latest from News & Developments