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Nowadays e scooters are becoming more popular in the world. With the growing popularity of e-scooters, many startups have emerged to offer e-scooter sharing services to commuters, and now there…
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The global micro-mobility market which was valued at $3 billion in 2018, is projected to reach around $9.8 billion by 2025, at a CAGR of 19.9% between 2019 and 2025.…
The buzz surrounding the micro-mobility industry is overwhelming. The profitable business model of the electric scooter sharing business has gained tremendous attention of top venture capitalists. According to the McKinsey,…
Two big players of the micro-mobility industry, Lime and Bird were valued at $2.4B billion and $2.5B, respectively, in 2019. Lime reported gross revenue of around $420 million and Bird…
Lime which is active in 50 cities across 20 European, the Middle East and Asian countries has rolled out a much-awaited ‘Group Ride’ feature allowing users to book and unlock…
IoT device security is a growing concern. Everything from refrigerators to door cam, smart TV, car key, smart car, e-scooters which are connected and collecting many sensitive user data are…
Considering the fact that an e-scooter rental company is making $1 of profit per ride, per e-scooter and every e-scooter completes 5 rides in a day, that company can make…
