bird

bird

Scooter startup Bird is still losing money hand over fist, though the losses are slowing slightly and revenue is picking up as pandemic restrictions ease.

With plans to go public via a SPAC, the Santa Monica company released its second-quarter results for 2021 today and net losses in the quarter dropped to $43.7 million compared to $50 million the same time last year. But revenue soared 477% from $60 million during the same quarter last year , thanks in no small part to riders returning from lockdowns.

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People navigating via Google Maps can now easily see Bird scooters available along their routes. Google also added San Francisco-based Spin to their app this week.

The move is the latest in Santa Monica-based Bird's partnerships with mobility-as-a-service platforms around the globe, such as Skipr and Tranzer. The company said in May that it plans to go public in a SPAC valued at $2.3 billion.

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The L.A. tech scene is booming despite a year-plus pandemic and a string of natural disasters. Rocket makers, sneaker sellers and fusion power creators were among those that dominated the list of L.A. venture deals for the first half of 2021.

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