shared micromobility

Why Lime says the time is almost right to go public

Lime, the startup with shared e-scooters and e-bikes in 280 cities around the world, has been talking about going public for years. Now, Lime CEO Wayne Ting says the economic stars are finally alignin

Bird stock dips 11% on news of reverse stock split

Shared micromobility company Bird’s share price fell 10.8%, or about two cents, in after-hours trading after the company said it would issue a reverse stock split. The move is Bird’s attem

Helbiz stock tumbles on reverse split, rebrand to Micromobility.com

Helbiz is rebranding to Micromobility.com to include retail. It also issued a reverse stock split to get back in compliance with Nasdaq.

Bird still has a long way to go to reach profitability

Shared micromobility company Bird reported a somewhat head-scratching fourth-quarter and full-year 2022 earnings Friday morning. At first glance, Bird’s earnings show a company that beat Wall St

Lime reports first profitable year, tests the waters for IPO

Shared micromobility giant Lime said it has achieved full-year profitability on both an adjusted and unadjusted EBITDA basis, which would make it an outlier in an industry that has struggled to break

Tier-owned Spin exits 10 US markets amid low demand, unfavorable city regulations

Micromobility operator Spin is leaving 10 U.S. markets due to a combination of low demand, over-regulation, under-regulation and poor cost structures, according to a company-wide email sent Friday by

Bird’s plan to stay in the shared scooter game

Bird CEO and president Shane Torchiana predicts a major consolidation in the industry, with two or three companies coming out on top. Bird, he said, has a chance to be one of those companies.

Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries

Lyft is partnering with Redwood Materials, a battery recycling company founded by ex-Tesla co-founder JB Straubel, to ensure the batteries from its fleets of shared electric bikes and scooters don&#82

Helbiz’s Wheels acquisition fails to impress investors

Helbiz’s deal to buy Wheels has officially gone through and with it some promises from the shared micromobility operator to its investors that the tie-up will double its annual revenue and help

Magna enters the micromobility and battery swapping market

Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micr

Drover AI’s Alex Nesic on using tech to regulate the scooter market

We sat down with Drover AI CEO Alex Nesic as part of an ongoing series of interviews with founders who are building transportation companies.

Helbiz reports revenue increase but dwindling cash reserves

Helbiz started out as a shared micromobility company but has since expanded to include ghost kitchens, media streaming and, most recently, a taxi service. The company reported its second-quarter earn

Bolt Mobility has vanished, leaving e-bikes, unanswered calls behind in several US cities

Updated: Article updated to add the city of Richmond and the county of Montgomery in Virginia, as well as St. Augustine, Florida also confirming service has ended there.  Bolt Mobility, the Miami-bas

South Korean e-scooter company Gbike acquires Hyundai Motor’s micromobility platform ZET 

Gbike, a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility platform ZET as it wants to increase its market share and create technological syne

Veo’s Candice Xie one year later, still slowly and steadily winning the profitability race

We sat down with Veo CEO and co-founder Candice Xie one year after our initial interview to discuss what is happening in shared micromobility.

Bird is laying off 23% of staff

Shared micromobility company Bird plans to layoff 23% of its staff, according to tech layoff tracker Layoffs.fyi. The tech tracker attributes the news of the layoffs to an internal memo, but certain L

With ride-hail and delivery launch, Fenix wants to be the Bolt of the Middle East

Abu Dhabi-based mobility startup Fenix has added ride-hail and courier services to its portfolio of mobility products. The company launched “Fenix Taxi” in Manama, Bahrain, on Monday and s

Meet Philip Reinckens, Spin’s new CEO

Ben Bear, the CEO of shared micromobility operator Spin, is stepping down from his role just a couple of months after the company was purchased by Tier Mobility, another shared operator with a large E

Unagi launches its own more exclusive version of shared micromobility

"Unagi on Demand" is kicking off in Los Angeles and New York City. The move signals a shift in Unagi's current business model, which has mainly focused on sales and subscriptions of its e-scooters.

Helbiz earns its name with punishing 2021 earnings

When Helbiz chose its name, did it know that its business would eventually so aptly resemble its moniker? That’s an easy jab to make, but one that feels fitting after reading through Helbiz’s four
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