An Interest In:
Web News this Week
- April 23, 2024
- April 22, 2024
- April 21, 2024
- April 20, 2024
- April 19, 2024
- April 18, 2024
- April 17, 2024
Some of Our Sources
- Simplebits
- TutsPlus - Code
- Team Treehouse
- Joshua Blankenship
- You The Designer
- Inspiredology
- Reencoded
- Codrops
- Android Headlines
- Daily Now
Help Webnuz
Referal links:
July 12, 2019 06:10 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/FLl49J6D834/bird-one-of-the-worlds-largest-scooter-startups-lost-100-million-in-three-months
Bird, One of the World's Largest Scooter Startups, Lost $100 Million in Three Months
Bird has its eyes on another capital raise, according to a report. Business Insider: The scooter company, one of the largest in a swarm of similar micromobility startups, has already raised $718 million in its short lifetime, according to Pitchbook data, and now it reportedly needs up to $300 more by the end of the summer. A fresh infusion could raise the Santa Monica, California-based company's valuation beyond its current $2.3 billion, potentially helping Bird pass its competitor Lime as the most highly valued startup in the space. The Information also reported that Bird lost $100 million in the first quarter of 2019, with its revenue shrinking to $15 million during the same time period.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/FLl49J6D834/bird-one-of-the-worlds-largest-scooter-startups-lost-100-million-in-three-months
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot