Bird leaves Germany

The start-up is withdrawing from Germany, Sweden and Norway. With this step, the company wants to accelerate its path to profitability.

The e-scooter provider Bird is withdrawing from Germany. According to the start-up, the reason for this is an oversupply of vehicles, overcrowded roads and a large but frequently changing number of competitors. The largest e-scooter providers besides Bird in Germany are Tier, Circ, Lime, Voi and Jump. However, it is not only the competition but also regulatory obstacles that have caused the company problems.

Bird had already laid off a quarter of its employees in June of this year. With this step, Bird may have wanted to accelerate its path to profitability. According to T3N the New York Stock Exchange had threatened Bird with delisting if the company did not manage to increase its share price to at least one US dollar.

In addition to Germany, the company is also leaving Sweden and Norway. "Unfortunately, this difficult decision will also have an impact on some of our employees and contractors in Europe as well as the supporting teams in the US," writes Bird. The company did not disclose what will happen to the employees at the affected locations.