Tag Archives: bird

Bird’s second-quarter earnings in 2023 showed a 19% year-over-year reduction in average rides per vehicle daily. Shared micromobility company Bird is downsizing again. The details were contained in an email sent to the entire company by interim CEO Michael Washinushi. “Regrettably, today we need to reduce our headcount in order to achieve our broader goals and to ensure that the entire organization can sustain itself and continue its mission,” admitted he. Bird’s interim CEO noted that the...

A micro-mobility company based in Santa Monica, California, Bird, recently closed a $275 million round in order to help put itself in a leading position in the electric scooter market. However, smaller European rivals also managed to raise money to grow their own business. German startup dubbed Tier Mobility, that manages 20,000 scooters in 40 cities in 12 countries, managed to raise $60 million, funding that, by the words of Tier’s co-founder and CEO Lawrence Leuschner, are to be invested in...