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Today, Bird ($BRDS) announces the acquisition of Spin, which positions us as North America’s largest micromobility operator by market share. Spin has a strong presence in North America including operations in over 50 cities and university campuses with minimal overlap with Bird’s existing footprint. The acquisition increases Bird’s geographical footprint, solidifying its position as the leading micromobility operator in North America by market share and by number of markets serviced. “Spin is a great financial and strategic acquisition for Bird and we expect this acquisition will enable us to achieve long-term sustainable profitability. In addition to our overall market leadership in North America, the company now holds a leading market share position in key markets, more new vehicles, cutting-edge technology, and a significantly stronger financial position,” said Michael Washinushi, Bird Interim CEO. Read the full release:

Bird Acquires Spin, Now North America’s Largest Micromobility Operator By Market Share

Bird Acquires Spin, Now North America’s Largest Micromobility Operator By Market Share

businesswire.com

Brandon Schuh

Shared Mobility, Rideable Risk and Product Liability Insurance Expert at Christensen Group

1y

whoa. assuming BRD raised some cash here.

Adnan Ado Milicevic

Micro-mobility phase 2 is where it’s at, only a matter of time… come spring just watch what happens in SLC

1y

Oh if you guys only knew what you actually bought 😂

Andrew Shaban

Senior Full-stack Software Developer

7mo

Your scooter sharing app is the worst I have ever used. I can't detach my payment method or turn off balance auto replenishment. I only have an option to gift you my remaining balance and delete the app. These are malicious practises. Although $20 - $40 is not money to care about, but I would better gift this money to some homeless person than to you greedy people. I am sick of such malicious things as you guys doing.

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🚀 Exciting news, Bird! Congrats on the acquisition of Spin! As fellow advocates for sustainable mobility, we look forward to the positive impact this will bring to micromobility on a broader scale. 🌍🛴 #YendaMobility #SustainableTransport

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John D. Possumato

Retail Strategy @ Hyundai. Automotive/Mobility industry Expert. HEC Paris MBA. Ex-Uber, Ex-Consulting. Entrepreneurial mindset and innovation applied to Automotive Retail.

1y

Another one bites the dust… the consolidation continues!

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Andrew Pressler

Starbucks store development

1y

Think the stock will go above $1.00…?!

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Hesham El-Barrad

Construction/ Completion Manager

1y

Congratulations 🎊 👏

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Adnan Ibrahimovic

Friendly smile and a slight urge for perfection.

1y

TIER?

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