Ford's e-scooter company Spin is leaving markets and laying off staff | Engadget

  • 📰 engadget
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Ford's e-scooter company Spin is leaving markets and laying off staff

with Google to show users the nearest e-bike or e-scooter on Maps. Unfortunately, those weren't enough to prevent this restructuring.

Going forward, Spin will focus on limited vendor markets in the US, Canada and the UK. Specifically, in places where cities and campuses"select partners through a competitive procurement process." Apparently, Spin gets double the revenue in those types of places compared to locations with a free-for-all market.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

About time.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 276. in US

United States United States Latest News, United States United States Headlines