Silicon Valley scooter startup Bird bet big on Paris and lost to rivals. Insiders are betting on consolidation.

Business Insider

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· *Electric scooter unicorn Bird lost tender processes to run scooter rentals in two key European cities: Paris and Lyon.*
· *Bird has raised more than $600 million to date, but its growth has been complicated by the emergence of copycat rivals, the coronavirus, and regulators limiting the number of scooter operators in their...

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