Wheels Launches Operations In Malta Backed By Local Partner
Portfolio Pulse from Happy Mohamed
Micromobility.com Inc.'s subsidiary, Wheels, announces its expansion into Malta, marking its first post-acquisition European expansion. Wheels will deploy a fleet of 600 vehicles in collaboration with a local partner.

June 20, 2023 | 12:03 pm
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Micromobility.com Inc. (NASDAQ:MCOM) expands its subsidiary Wheels into Malta, marking its first European expansion post-acquisition.
The expansion of Wheels into Malta signifies the company's commitment to sustainable urban mobility and its growth in the European market. This move is likely to have a positive impact on Micromobility.com Inc.'s stock price as it demonstrates the company's ability to expand its operations and enter new markets. The collaboration with a local partner also shows the company's adaptability and strategic approach to growth.
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