- Fluctuo EU Weekly Recap
- Posts
- 🤝 Yet another change of hands for nextbike?
🤝 Yet another change of hands for nextbike?
Plus, Cooltra goes all in, AMBici expands further, and a widespread crackdown on scooter misuse...
Harry Maxwell
12 Mar
Hi reader,
We’re back with your weekly low-down, packed with the latest news and exclusive insights on European shared mobility.
Don’t forget to come see us at Autonomy, where we will reveal all the latest numbers from our European Shared Mobility Annual Review 2023.
Did this email land in your inbox OK? Let us know by replying to this email - it will help you receive it in the future.
🔥 TOP STORIES 🔥
Yet another change of hands for nextbike? 🤝
As TIER’s merger with Dott is finalised, rumour has it that nextbike will not be part of the new company’s plans.
German newsgroup Welt reveals that the British investment fund STAR Capital Partnership LLP will complete the “indirect acquisition of all shares and take sole control over nextbike GmbH”.
TIER acquired the German bike-share giant at a time when capturing as much market share as possible was paramount. More than two years later, nextbike’s potential change of hands seems to confirm that Dott & TIER will concentrate on perfecting one business model: private, free-floating services.
Cooltra goes all in! 🛵
Just weeks after the acquisition of Cityscoot, Cooltra strikes again and announces they will be joining forces with Felyx, one of the leading moped operators in the Netherlands.
It’s a win-win deal: felyx was looking for investment to overcome financial difficulties, while Cooltra begins a ‘soft’ expansion into Belgium and Netherlands (after France with Cityscoot).
Check out our City Dive Insight below for more information!
LAUNCHES AND EXPANSIONS 🚀
AMBici (nextbike) | 🚲 (341)
Upcoming expansion to L'Hospitalet (ES)
Bolt | 🛴
Relaunch in…
Cambio | 🚗 (2)
Launch in…
You’re missing out on 9 more launches & expansions. Subscribe to premium:
PAUSES & EXITS 👋
Don’t miss out on 3 pauses & exits - subscribe to premium.
TENDER WATCH 👀
CITY UPDATES 🌐
Bordeaux (FR) | Bordeaux metropole welcomes new shared mobility centre with 247 spaces.
Caserta (IT) | City council requests hearing after issues with the K-City scooter app.
Derby (UK) | City councillor asks for scooter ban in the city centre.
Premium members have access to 10 more city updates. Get involved.
INDUSTRY NEWS 🗞️
Forest launches an in-app marketplace.
GreenGo introduces utility vans to its Budapest (HU) fleet.
MILES vehicles are now available in Sixt’s app in Belgium.
Ryde Technology boasts impressive margins over the past year.
Traficar recorded the best financial year in its almost 8-year history.
Vélib’ introduces new vehicles and increases fleet size earlier this year.
Whim stops its MaaS app in Helsinki (FI).
WiBLE closes 2023 with positive EBITDA and 12% growth in revenue.
Zity reduces pricing in Milan (IT).
Surf, a Norwegian scooter operator, acquires the European operations of Superpedestrian for around €4.4m.
That’s all for this week.
Thanks for reading. If you have any feedback, just hit reply.
Join the conversation