Travis VanderZanden’s slow-motion departure from Bird is now complete. The scooter rental company announced in a late-Friday news dump that the executive has stepped down from his role as chairperson […]
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Back to news homeBird 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 […]
Bird exits Germany, Sweden, Norway and ‘several dozen’ US, EMEA markets
Shared micromobility company Bird is exiting several markets across the world as it struggles to build an economically viable business, according to a regulatory filing. Bird said it will “fully […]
Bird board backs new scooter boss
Micromobility company Bird is boosting its president, Shane Torchiana, to CEO status in a “long-planned” shakeup that sees founding chief executive Travis VanderZanden further stripped of power. Bird’s board also […]
As US SPACs flounder, did Europe largely dodge a bullet?
Blank-check companies may be little more than a quick way to de-horn unicorns Alex Wilhelm Anna Heim 7 hours Yesterday, we asked how low SPAC-led public debuts could go, and […]
Micromobility is fun, but perhaps that’s all it’ll ever be
It is worth beginning with a note that I am terribly risk averse, and therefore … not a ton of fun. When Ford micromobility subsidiary Spin first launched a fleet of […]
Bird gets a warning from the NYSE because its stock price is too low
Scooter and micromobility company Bird has to fly at a slightly higher altitude — at least if it wants to keep its New York Stock Exchange (NYSE) listing. The company […]
Bird changes course, drops vehicle sales in pursuit of profitability
Bird presented its first quarter 2022 earnings on Monday after the bell. Revenue has decreased consistently since the company went public via a special purpose acquisition merger in November last […]
TechCrunch+ roundup: Yahoo leaves China, Nubank IPO, B2C expansion tips
After Nubank filed its F-1, Natasha Mascarenhas and Alex Wilhelm dissected the document to learn more about the operations of one of the world’s largest startups. “With over 40 million […]
Bolt Mobility launches in-app navigation for shared e-scooters
Bolt Mobility, a micromobility company co-founded by Olympic sprinter Usain Bolt, has launched an in-app navigation system for its e-scooters dubbed “MobilityOS.” To make this feature easy to use, Bolt’s […]