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Bird Rides company logo
Corporation
MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Travel
bird.co

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Founded Year

2017

Stage

Acq - Pending | Alive

Total Raised

$768M

Valuation

$0000 

Revenue

$0000 

About Bird Rides

Bird Rides is a micromobility company that lets customers rent dockless electric scooters with the tap of an app then leave them on the street when they're done.

Bird Rides Headquarter Location

406 Broadway Ave #369

Santa Monica, California, 90401,

United States

866-205-2442

Latest Bird Rides News

EV scooter startup Bird posts lower loss amid rapid expansion

Aug 19, 2021

FILE PHOTO: A smart phone app time-of-use electric scooter from Bird Rides Inc. is shown parked next to a sidewalk in San Diego, California, U.S., May 17, 2018. REUTERS/Mike Blake (Reuters) - Bird Rides electric scooter rental company on Thursday reported a narrower second-quarter loss, with revenue soaring to above pre-pandemic levels as COVID-19 restrictions eased in major markets. These are the last quarterly results the Los Angeles-based e-mobility provider will release before it goes public via a merger with blank-check company Switchback II Corp in a deal that would value Bird at $2.3 billion. That deal should close before the end of the third quarter. Founded in 2017, Bird has expanded rapidly to operate in more than 300 cities worldwide. Of those, around 50 have been added since June. During the second quarter, the company said it would start renting electric bikes this year in some cities in North America and Europe. Bird reported a second-quarter loss of $43 million, versus $50 million in the same period in 2020. Second-quarter revenue jumped to $60 million from $10.4 million during the same period in 2020 when lockdowns virtually shut down the e-mobility industry. Pummeled by the impact of the pandemic, Bird posted revenue of $95 million for 2020. The company has said it expects 2021 revenue to rise to $188 million and then to more than double to $400 million in 2022. Bird's Chief Financial Officer Yibo Ling said in a statement that margins on e-scooter rides have risen this year "despite continued COVID headwinds and varying seasonal conditions, and we expect to see continued margin improvement as global demand returns to pre-pandemic levels." The startup also on Thursday said it would begin selling an e-bike that has been designed in-house. The Bird Bike will go on sale in the United States and Europe with a recommended retail price of $2,299. Article type: metered

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Research containing Bird Rides

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Bird Rides in 4 CB Insights research briefs, most recently on Jun 30, 2021.

Expert Collections containing Bird Rides

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Bird Rides is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

827 items

S

Smart Cities

1,344 items

B

Bike and Scooter Tech

343 items

We define bike and scooter technology startups as companies working on shared vehicle networks, vehicle design, and charging infrastructure for bicycles, scooters, mopeds, and other compact vehicles for one to two passengers.

E

Electric Vehicle Technology

719 items

Companies developing battery electric vehicles (BEVs) and fuel cell vehicles (FCEVs) as well as companies working on improvements to battery design, building out charging infrastructure, and launching EV sharing services to help accelerate adoption.

T

Tech IPO Pipeline 2019

286 items

M

Mobility-as-a-Service

548 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

Bird Rides Patents

Bird Rides has filed 5 patents.

The 3 most popular patent topics include:

  • Battery electric vehicle manufacturers
  • Cycle types
  • Electric vehicle battery manufacturers
patents chart

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4/5/2019

3/31/2020

Progress (spacecraft) missions, Electric vehicle battery manufacturers, Battery electric vehicle manufacturers, Diagrams, Motor vehicle battery manufacturers

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3/31/2020

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Progress (spacecraft) missions, Electric vehicle battery manufacturers, Battery electric vehicle manufacturers, Diagrams, Motor vehicle battery manufacturers

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Status

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Bird Rides Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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