EV scooter startup Bird posts lower loss amid rapid expansion - NewsBreak

By Nick Carey (Reuters) - Bird Rides electric scooter rental company on Thursday reported a narrower second-quarter loss, with revenue soaring to above pre-pandemic levels as COVID-19 restrictions eased in major markets. These are the last quarterly results the Los Angeles-based e-mobility provider will release before it goes public via a merger with blank-check company Switchback II Corp in a deal that would value Bird at $2.3 billion.