Bird Soars To New Heights with Remarkable Summer Ridership; Bird Riders Clocked Nearly 16M Miles Over The Summer Season With 11M Rides Taken; 1.2M New Users Turned To Micromobility To Get Around
Portfolio Pulse from Happy Mohamed
Bird Global, Inc. (NYSE:BRDS) reported strong ridership results for the 2023 summer season, with nearly 16 million miles clocked by riders, equivalent to circling the earth over 600 times. The company provided its micromobility solutions to over 2.3 million unique riders across 350+ cities, equating to more than 11 million total rides. Bird also added 1.2 million new riders to its platform.
September 07, 2023 | 8:20 pm
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POSITIVE IMPACT
Bird Global's strong summer ridership results indicate a growing user base and increased usage of its micromobility solutions, which could potentially lead to increased revenues.
Bird Global's reported summer ridership results show a significant increase in both the number of rides taken and the number of new users. This indicates a growing demand for the company's micromobility solutions, which could potentially lead to increased revenues in the future. The company's expansion into new cities and the introduction of new products (e-scooters and e-bikes) also contribute to this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100