Five billion dollars: This is how much money investors are said to have invested in the industry. Jorg Greuel/Getty Images
For some they get in the way, others use them regularly on the way to work: e-scooters have conquered German city centers since 2019. However, not much of the former hype remains everywhere. Companies had to file for bankruptcy, merge with competitors or were even banned completely in cities like Paris.
The entire e-scooter industry is faced with questions about its financial viability and path to profitability. Investors, meanwhile, have poured huge sums of money into the industry. A research by Sifted According to this, it has been over five billion US dollars since 2017. The companies’ valuations have not always been able to keep their promises. We’ll show you where a lot of money was burned and which e-scooter providers still have opportunities on the market.
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