Electric scooter startup Grin merges with Brazil-based Ride

Electric scooter startup Grin merges with Brazil-based Ride

6 years ago
Anonymous $oIHRkISgaL

https://techcrunch.com/2018/10/26/electric-scooter-startup-grin-merges-with-brazil-based-ride/

Grin, the Mexico City-based electric scooter company backed by Y Combinator, is merging with Sao Paulo-based Ride to further the company’s expansion across Latin America. This comes shortly after Grin raised a ~$45 million Series A round.

Currently, Grin only operates in Mexico City, but it has plans to expand to other cities throughout Latin America. The merger with Ride, which already operates in Sao Paulo, will enable Grin to do this as early as next week, Grin co-founder Sergio Romo told TechCrunch.