After Wild West Start, Scooter Providers Chase Scale to Survive
LONDON --The era of breakneck growth for electric scooter firms is giving way to more selective expansion focused on profits as they face tougher
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LONDON --The era of breakneck growth for electric scooter firms is giving way to more selective expansion focused on profits as they face tougher
The era of breakneck growth for electric scooter firms is giving way to more selective expansion focused on profits as they face tougher regulations, more demanding customers and wary insurers.
Bird Scooter's chief product officer (CPO) shot back at skeptics this past week in a Linkedin post aimed at reassuring investors as the company tries to raise money amid mounting concerns about the viability of the micro-mobility business model. "I rarely write about Bird's business performance,... Read More... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to:
The world's largest on-demand e-scooter company Lime announced that it is shutting down its services across 12 markets and laying off 14% of its workforce in an attempt to turn profitable this year. In a blog post, Brad Bao, the CEO of Lime, explained that the company was now focused on... Read More...