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micromobility.com, Inc. is an intra-urban transportation company, which engages in the provision of transportation, specifically addressing first and last mile transport. It combines expertise in retail, shared services, and vehicle rentals to revolutionize urban transportation. The firm operates across the US and Europe, the holding group encompasses shared micromobility solutions through Helbiz Inc., vehicle rentals via Wheels Labs Inc. and e-commerce and planned brick-and-mortar stores via the micromobility.com brand. It provides eco-friendly, affordable solutions and enhancing global accessibility. The firm sets the standard for professional excellence in the micromobility landscape. It operates through the following segments: Mobility, Media, and All Other. The Mobility segment covers the mobility offering that allows consumers to move around the city using green and electric vehicles such as scooters, bikes and mopeds. Mobility also includes partnership and sponsorship agreements. The Media segment represents the commercialization of media rights to professional partners (B2B), and content offerings allow consumers to watch live events on the App Helbiz Live (B2C). The All Other segment consists of the delivery offerings and a licensing agreement. The company was founded by Salvatore Palella in 2015 and is headquartered in New York, NY.
The e-mobility company signed an interesting sport-related streaming deal, but the market may have fumbled its response.
Existing shareholders are about to get diluted in a big way.
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