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Nebraska City electric scooter franchise holder files bankruptcy
Bird Rides operated in 350 cities worldwide
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NEBRASKA CITY - An electrical scooter rental company that operated in many U.S. cities including Nebraska City has filed for bankruptcy and is expected to sell its assets over the next several months.
Bird was founded in 2017 and went public in 2021 and was called the largest micro-mobility operator in North America.
Nebraska City commissioners gave Bird Rides an exclusive franchise to operate in the city with up to 50 scooters in the fall of 2021.
The e-scooter company was one of the fastest startups to ever reach a billion-dollar valuation and operated in 350 cities worldwide.
The company was delisted from the New York Stock Exchange in September after Bird admitted it had overstated its revenue from the past two years.