Chicken is gearing as much as launch in additional than 50 extra cities all through Europe this spring.
Chicken started its enlargement into Europe lower than one yr in the past. As we speak, Chicken operates its scooters in Paris, Brussels, Vienna, Zurich and different European cities. This launch will improve its European fleet dimension greater than ten-fold.
“World class manufacturers and corporations have the proper method of economics and the power to develop and scale,” Chicken CEO Travis VanderZanden stated in an announcement. “As we broaden Chicken’s world footprint, we’ll exhibit unmatched innovation, dedication to riders, neighborhoods and cities and operational excellence whereas producing an explosive run price. This method will drive nice affect and progress on our mission to make our cities and communities extra livable.”
This comes about one month after Chicken laid off between 4 to 5 % of its workforce. The layoffs had been a part of Chicken’s annual efficiency evaluate course of and solely affected U.S.-based workers. These laid off had been eligible for severance, together with well being and medical advantages.
Chicken has raised greater than $400 million in funding thus far and is reportedly within the midst of elevating a further $300 million.