How much is bird e-scooter worth?

The scooter company was once valued at $2.5 billion by private investors. Bird, which went public in 2021 through a special purpose acquisition company, has lost 80% of its value this year. Woman rides a Bird e-scooter in southern California.

What happened to Bird electric scooters?

Bird, a provider of electric scooters that consumers can rent in cities, said the New York Stock Exchange will suspend trading of its stock after the company failed to keep its market capitalization above $15 million for 30 consecutive days. The company’s shares will trade on the over-the-counter exchange starting Monday, according to a statement.

Where can you find a Bird scooter?

Bird scooters can be found in more than 350 cities, from Rome to San Francisco. (The firm’s Canadian and European businesses are not part of the bankruptcy, Bird noted, and will continue to operate as normal.) There have been plenty of complaints about abandoned rental scooters cluttering sidewalks and parks in recent years.

Is bird a billion-dollar start-up?

Bird, the electric scooter company, was one of the fastest start-ups to reach a billion-dollar valuation. Coley Brown for The New York Times The electric scooter company Bird said on Wednesday that it had filed for bankruptcy protection, another sign that the shine on this once buzzy part of personal transportation has begun to fade.