Uber rival Bolt exits Australia | China's economy is back? | No cars no revenue for Transurban
What the Flux · Flux
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Show Notes
Bolt, one of Uber’s main rivals, is pulling out of Australia as demand for ridesharing drops from the coronavirus.
Following the coronavirus, China's economy is rebounding, with 95% of factories reopening in March.
Transurban, the company that owns toll roads and freeways around Australia, has reported a major drop in revenue because there are so few cars on the road due to the coronavirus.
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