Tuesday, June 2, 2020

Bird Shuts Down Operations In Middle East

Santa Monica-based on-demand scooter company Bird has shut down its operations in the Middle East, according to reports, shutting down Circ, which it had acquired in January, and laid off all of its employees. Bird had only just acquired Circ in January, shortly before the world was hobbled by the pandemic. According to those reports, as many as 10,000 of Circ's scooters have been sent for recycling, and around 100 employees laid off. Bird acquired Circ in January as part of its expansion plans, raising $75M more in its Series D funding round for those efforts.

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