Bird may not have enough funds to continue shared micromobility business

Just hours after Bird said it had overstated revenue for more than two years by recognizing unpaid customer rides, Bird dropped a growing concern warning. In a regulatory filing, the company said it might “need to scale back or discontinue certain or all of its operations in order to reduce costs or seek bankruptcy protection.” […]

Bird may not have enough funds to continue shared micromobility business by Rebecca Bellan originally published on TechCrunch