Hit by Big Loss, Bird Seeks $300M in New Funds

The wintertime was bleak for Bird. In this year’s first quarter, the electric scooter operator lost nearly $100 million while revenue shrank sharply to only about $15 million, people familiar with the matter said. In the spring, it told people it was down to about $100 million in cash, even ...

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July 11, 2019 @ 8:51 AM PST
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