Berlin-based Tier Mobility acquires Spin, Ford's e-scooter unit, in an all-stock deal, for an undisclosed price; Ford acquired Spin in November 2018 for $100M (Andrew J. Hawkins/The Verge)

https://ift.tt/69Vujbi

Andrew J. Hawkins / The Verge:
Berlin-based Tier Mobility acquires Spin, Ford's e-scooter unit, in an all-stock deal, for an undisclosed price; Ford acquired Spin in November 2018 for $100M  —  The automaker had been mulling a sale for almost a year  —  Ford is selling its electric scooter operation Spin to one of Europe's top shared mobility companies.

from Techmeme https://ift.tt/np5gVhO