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:
Oh if you guys only knew what you actually bought 😂
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.
🚀 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
Another one bites the dust… the consolidation continues!
Good news!
Think the stock will go above $1.00…?!
Congratulations 🎊 👏
TIER?
Shared Mobility, Rideable Risk and Product Liability Insurance Expert at Christensen Group
1ywhoa. assuming BRD raised some cash here.