Deals
Europe's Scooter Firms Said to Talk Mergers as Lime Expands
- Tier, Voi among the startups that have discussed merging
- U.S. scooter giant Lime’s aggressive expansion a concern in EU
Voi Technology scooters
Source: Voi
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Europe’s scooter startups Tier Mobility and Voi Technology AB have held early-stage discussions to combine their operations, in response to the impact of larger U.S. rivals on the continent, according to people familiar with the discussions.
The talks, which started in November, recently stalled after Voi concluded that it could continue its growth independently, one person said. All of the people asked not to be identified discussing private plans.