Startups and investors are turning to micromobility subscriptions

Startups and investors are turning to micromobility subscriptions

3 years ago
Anonymous $drS9DEX_Sj

https://techcrunch.com/2021/07/21/why-startups-and-investors-are-turning-to-micromobility-subscriptions/

Amid the chaos of the COVID-19 pandemic and the murky path to profitability for shared electric micromobility, an increasing number of companies have turned to subscriptions. It’s a business model that some founders and investors argue hits the profit center sweet spot — an approach that appeals to customers who are wary of sharing as well as paying upfront to own a scooter or e-bike, all while minimizing overhead costs and depreciation of assets.

Startups and investors are turning to micromobility subscriptions

Jul 21, 2021, 3:01pm UTC
https://techcrunch.com/2021/07/21/why-startups-and-investors-are-turning-to-micromobility-subscriptions/ > Amid the chaos of the COVID-19 pandemic and the murky path to profitability for shared electric micromobility, an increasing number of companies have turned to subscriptions. It’s a business model that some founders and investors argue hits the profit center sweet spot — an approach that appeals to customers who are wary of sharing as well as paying upfront to own a scooter or e-bike, all while minimizing overhead costs and depreciation of assets.