Helbiz Completes Acquisition Of Wheels
11/18/22, 2:17 PM
Location
Industry
software
Helbiz, Inc. (NASDAQ: HLBZ), a leader in micro-mobility, today announced that it has completed the previously announced merger with Wheels Labs, Inc. (“Wheels”). The acquisition is expected to strengthen the ability to operate by expanding Helbiz’s presence to 67 markets globally, create a more diversified business model, and enhance the financial profiles of the Company.
Company Info
Location
New York, United States
Company info
Helbiz is a global leader in micro-mobility services. Launched in 2015 and headquartered in New York City, the Company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform in 35 cities around the world. Helbiz utilizes a customized, proprietary fleet management technology, artificial intelligence and environmental mapping to optimize operations and business sustainability. Helbiz is expanding its urban lifestyle products and services to include live streaming services, food delivery and more, all accessible within its mobile app.