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May 20, 2020 02:30 pm GMT

Why micromobility may emerge from the pandemic stronger than before

Since its inception, shared micromobility services have been in a precarious position one supported by millions of dollars in venture capital. But the COVID-19 pandemic has brought even more turmoil upon an industry that has long struggled with unit economics. It has led to mass layoffs, operation shutdowns across several markets and more consolidation. […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/BoUqg59OrlQ/

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