Bird Rides Inc., one of the world’s largest providers of electric scooter rentals, is using the time to prepare for expansion. The Santa Monica company said Monday that it’s acquiring Circ, a German rival, for an undisclosed sum. Bird also said it raised an additional $75 million from investors on top of a $275-million round disclosed in October. On Friday, Bloomberg reported that Richard Corbett, the head of the United Kingdom and Ireland for Bird, was leaving the company. Since launching in London in 2018, Bird has struggled to deploy its scooters there as a result of tight regulation.

Source: Los Angeles Times January 27, 2020 23:37 UTC