Hopp targets Canadian firms with new Toronto rollout

Hopp has launched a corporate ground transport product in Toronto and the Greater Toronto Area as it expands into Canada's business travel market.

The service, called Hopp for Business, adds a managed travel layer to the company's ride-hailing offer. It targets firms seeking tighter control over staff travel spending as corporate travel volumes rise across Canada.

Canada was the 13th largest business travel market globally in 2024, according to the Global Business Travel Association. The association forecast spending would rise 17.7% to CAD $44.3 billion in 2025, up from CAD $36.5 billion in 2024.

Hopp operates as a brand of Bolt. André de la Torre, Bolt's Regional General Manager, said the launch is part of a broader effort to challenge the ride-hailing market's current structure.

"The North American ride-hailing market has faced years of limited competition and rising costs," de la Torre said. "Launching Hopp for Business in Toronto and the GTA is not only a major step in expanding our footprint, it introduces meaningful choice and innovation back into a market that has become overly concentrated. We're here to give Canadian businesses and riders a better alternative."

Toronto focus

De la Torre said the business product builds on Hopp's entry into Toronto. Since the service began operating there in February 2025, riders in the city have travelled more than 72 million kilometres, according to Hopp.

Toronto and the surrounding municipalities form Canada's largest economic region, with more than 230,000 businesses across sectors including finance, technology, healthcare, logistics, and professional services. Many manage staff travel across dispersed offices and client sites, often extending beyond the city centre into industrial zones and suburban business parks.

Hopp for Business extends beyond Toronto into multiple municipalities. Initial availability covers Toronto, Mississauga, Brampton, Vaughan, Richmond Hill, Markham, Hamilton, Oakville, Oshawa, Whitby, Milton, Burlington, Pickering, Aurora, Halton Hills, King City and Ajax.

Cost controls

Hopp for Business includes centralised billing and spending rules. Businesses can set spending limits and travel conditions, and consolidate invoicing in one place to reduce individual expense claims.

The product also includes a work profile that automatically generates receipts and integrates with expense management platforms. Hopp said this can save employees about 20 minutes a month by reducing manual reporting.

Another feature, Ride Booker, lets organisations book and schedule travel for employees, partners, or guests. Bookings can be made even if the passenger does not use the Hopp app, Hopp said.

Across markets, companies using Hopp for Business have seen savings of up to 25% by centralising and managing travel spending more effectively, according to Hopp. The company said the figure is based on internal benchmarking.

Market dynamics

Two large players have dominated Canada's ride-hailing market for years, leaving limited room for challengers. By moving into corporate travel, Hopp is putting more emphasis on business accounts, where spending policies and reporting requirements can shape supplier choice. These accounts can also deliver repeat usage and more predictable volumes.

Corporate travel managers and finance teams have increased scrutiny of ground transport, particularly in large cities where ride-hailing can be a material line item. Hybrid work and the return of in-person meetings have increased short trips within metropolitan areas, making local mobility a bigger part of corporate travel alongside flights, hotels and rail.

Hopp said Hopp for Business reflects how Canadian firms travel and manage budgets, combining controls for finance teams with convenience for travellers.

"Hopp for Business is designed specifically for the way Canadian companies travel," de la Torre said. "It gives finance teams control, gives employees convenience, and gives organizations real savings at a time when budgets matter more than ever."

Bolt operates in more than 50 countries and 600 cities and has more than 200 million lifetime customers across its services. More than 4.5 million drivers use the Bolt platform worldwide, the company said, and corporate mobility sits alongside its other lines of business.