Silicon Valley scooter startup Bird bet big on Paris and lost to rivals. Insiders are betting on consolidation.
Electric scooter unicorn Bird lost tender processes to run scooter rentals in two key European cities: Paris and Lyon.
In July 2019, Bird CEO Travis VanderZanden visited Paris and announced the electric scooter company could bring 1,000 jobs to the French capital.
In late July, Business Insider revealed that Bird had lost the tender to its rivals Lime, Tier, and Dott.
Lyon announced on July 31 that two smaller European rivals to Bird, Dott and Tier, had won its tender process.
Bird has form, having bought European company Circ for an undisclosed fee in January 2020.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
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