With the rapid development of shared bicycle, the shared economy has gradually expanded to all walks of life, such as shared car, shared electric bike, shared mobile power supply, shared umbrella and so on. Recently, a new sharing economy model, electric scooter sharing, has been born in European and American cities, which is quickly favored by various capitals. Bird and Lime are valued as high as $2 billion.
Bird, a company specializing in scooters, first launched on Santa Monica street in 2017 and then has expanded rapidly. Bird is now available in 73 U.S. cities. The latest funding round reaching $300 million.
Lime was originally a shared bike company founded in 2017, but it quickly switched to shared electric scooter industry after realizing the market trends. In one and a half years, it has financed five times, most recently $335 million, and be called one of the two unicorns in the electric scooter industry with Bird.
Other noteworthy companies
Skip has raised $35 million so far, mainly market in Washington, D.C. and San Francisco.
Spin has raised $8 million in series A financing and was bought by Ford in November for $40 million.
Scoot is one of the few shared electric scooter companies allowed to operate in San Francisco and is also committed to the international market. Its upright scooter has been officially launched in Santiago, Chile.
At present, California is the main focus of American shared electric scooter companies. However, with a large amount of capital input, the United States market cannot meet the demand. All major companies have to expand the further international market and accelerate the pace of acquisition and merger.
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