Bird’s Leaked Numbers Detail The High Price Of Scooter Growth

Bird, one of the two leading American scooter companies, is losing money at a terrific rate according to a recent report in The Information.

The scooter company and its best-known rival Lime have each raised hundreds of millions of dollars (here, here), totaling more than $1 billion between the pair. The Information reports that Bird is seeking $300 million more, matching a sum raised by Lime earlier this year.