Pandemic puts the brakes on micromobility

INSUBCONTINENT EXCLUSIVE:
As of this writing, nearly a million people globally have been infected with the novel coronavirus and 50,322 have died
Healthcare systems are overwhelmed, consumers and profiteers are hoarding supplies and some service workers have launched strikes while many
others have been let go
In the world of micromobility, we&ve seen Bird lay off hundreds of employees and Lime is reportedly gearing up for layoffs of its own. Ride
Report creates software that enables cities to better work with micromobility operators and has a bird&s-eye view on the industry
In a conversation with TechCrunch, CEO William Henderson outlined some of the trends that have emerged and what we can expect for
micromobility operators amid the pandemic — and once it over. &All of this came at a really hard time for micromobility,& he tells
TechCrunch
&It couldn&t really have occurred at a worse time in some ways.& That because there was already a lot of pressure on startups in the space
to reach profitability on an accelerated timeline, Henderson says
While winter is notoriously known as a rough time, the environment in this pandemic is &micromobility winter on steroids.& Over the last
month, companies have paused operations in cities and started laying off people
Operators Bird and Lime, for example, paused operations across the board last month.