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Bolt Stock Rises 2% on Malaysia Ride-Hailing Growth Surge

Bolt Stock Rises 2% on Malaysia Ride-Hailing Growth Surge

Author:

Global Cryptocurrency

Published:

2025-12-08 10:20:03

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BTCCSquare news:

Bolt's shares climbed 2% following a 40% quarterly ride growth in Malaysia, marking one of its fastest Asian market expansions. The mobility platform's Klang Valley launch in late 2024 gained traction through toll integrations and premium ride features, driving a 25% increase in driver partners.

The company plans 2026 expansion into Johor Bahru and Penang amid rising demand. Bolt's localized strategy and safety tools have positioned it competitively against regional rivals, with investors noting its scalable model in emerging markets.

By:

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