"The micro-mobility leader, Bird raised US$75 million in series D funding and reached a funding total of US$350 million as of January 2020. Bird acquired European micro-mobility leader, Circ, which operates over 14 countries across Europe and UAE.
Earlier in 2019, Bird also acquired West Coast rival Scoot for US$25 million. From these investments and launching new e-scooter models, Bird is expanding its business from kickboards to the e-scooter market. Bird has been trying to enter the European market and this acquisition will help. Bird is now shifting its focus from growth to profitability, so it is looking for economies of scale in the micro-mobility market. Again, this acquisition will give strong competition to other large micro-mobility players like Jump, Lime, Spin and CityScoot." – Soumen Mandal