Electric scooter company Bird files for bankruptcy

image via techcrunch.com
image via techcrunch.com

In a press release today, Bird confirmed that it had entered into a “financial restructuring process aimed at strengthening its balance sheet,” with the company continuing to operate as normal in pursuit of “long-term, sustainable growth.” It’s also worth noting that Bird’s Canadian and European operations are not part of this bankruptcy filing, and will “continue to operate as normal,” the company said.

https://techcrunch.com/2023/12/20/bird-bankruptcy/