Bird Wins Approval To Extend Operations In Rome For Three More Years
Portfolio Pulse from Happy Mohamed
Bird Global, Inc. (NYSE:BRDS) has been granted a three-year permit extension to expand its electric scooter operations in Rome, Italy. The permit allows Bird to double its fleet size to approximately 4,500 scooters and integrate with the city's public transportation infrastructure.

May 26, 2023 | 1:09 pm
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Bird Global (NYSE:BRDS) has received a three-year permit extension to expand its electric scooter operations in Rome, doubling its fleet size to approximately 4,500 scooters.
The permit extension and fleet expansion in Rome will likely have a positive short-term impact on Bird Global's stock price. The expansion demonstrates the company's growth potential and its ability to secure regulatory approvals, which are crucial for its operations. Additionally, the integration with Rome's public transportation infrastructure could lead to further partnerships and expansion opportunities in other cities.
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