Tier becomes Dott following the merger of the two micromobility companies

Quick Summary:

As part of this strategy, the number of rides is growing faster than the company’s revenue as Dott has been promoting passes to increase recurring usage.

It’s been quite the year for game industry exec Pany Haritatos.  Last month, he quietly closed an oversubscribed $28 million from Netflix, Dell a16z, and others.

The new Dott fleet covers 427 cities across Europe and the Middle East; the overlap was quite small, as Dott and Tier were just competing in 17 cities.

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Article Details

Author / Journalist: Romain Dillet

Category: Technology

Markets: United StatesGermany

Topics: Startups Transportation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 04:00:00 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1203 words

Reading Time: 7 minutes read

Sentences: 58 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22827600

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