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Bolt Food
Bolt Food is an online food ordering and delivery platform launched by Bolt (company), Bolt in 2019. Meals and groceries are delivered by couriers using cars, scooters, bikes, or on foot. Bolt Food is operational in over 80 cities across 19 countries as of 2023. The service has more than 6 million registered users globally, and features more than 30,000 partner restaurants and chains. In 2021, Bolt Food launched its rapid grocery delivery service, Bolt Market. History Transport company, Bolt (company), Bolt diversified into food delivery in August 2019, launching Bolt Food in Tallinn, Estonia and announcing plans to expand the service to Latvia, Lithuania, and South Africa later that year. During the launch, Bolt's Chief Product Officer, Jevgeni Kabanov, said that establishing a food delivery service had been a popular request from existing Bolt users for quite some time. In April 2021, the Bolt Food app was added to the Huawei AppGallery after Huawei claimed to have receiv ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct Commercial law, legal entities for the purposes of taxation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it. The ''Houston Chronicle'' highlighted that the creation of a division "is substantially easier than developing subsidiaries. Because a division is an internal segment of a company, not an entirely separate enti ...
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