Ford opted to buy Spin over its much bigger rivals like iIme and BIrd, CEO Euwyn Poon explains why.
That acquisition sent shockwaves through the still-burgeoning micro-mobility industry. Not only had an Original Three automaker stepped into the nascent space, but it had opted for a much smaller player compared to giants like Lime and Bird, whose venture-backed valuations dwarf Spin.
"We were leading in being able to pave the way for regulatory change," he continued."We see ourselves as leading the way for cities and campus to properly and sustainably allow these programs — and that was recognized by the folks at Ford." "Campuses have to proven to be a great natural product market fit," Poon said."Not surprisingly, given the demographic and the natural geography of college campuses."
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Roseanne Barr calls #MeToo accusers 'hoes,' slams Sen. Kamala Harris, Christine Blasey FordRoseanne Barr didn't hold back on the MeToo movement in a new off-the-rails interview, verbally attacking Sen. Kamala Harris and many other women.
और पढो »
NFL notebook: 5 pass rushers receive franchise tagThe Kansas City Chiefs placed the franchise tag on outside linebacker Dee Ford o...
और पढो »
Ford considers closing two Russian plants: sourcesFord Motor Co is considering closing two plants in Russia as part of its global ...
और पढो »
Ford to revise Russia business plans by year-end: ministryRussia's industry ministry expects Ford Motor Co to make decisions this yea...
और पढो »
Zuckerberg says Facebook's future is 'privacy-focused' - Reuters TVFacebook Inc Chief Executive Mark Zuckerberg on Wednesday said the company would encrypt conversations on more of its messaging services and make them compatible, the latest sign that the world’s biggest social network sees its future in intimate online chats.
और पढो »
Warner Bros. CEO entangled in scandal involving an actress, report allegesAT&T-owned WarnerMedia is investigating salacious allegations that the head of its Warner Bros. movie and TV studio engaged in an inappropriate relationship with a young actress who demanded that she be cast in the company’s movies.
और पढो »
A Day in the Life of Everlane CEO Michael PreysmanGiven his Northern California upbringing, it may seem natural that Michael Preysman would start Everlane, a clothing retailer focused on innovation and environmentalism, but that wasn't his plan
और पढो »
Disney heiress slams CEO pay, says 'Jesus Christ himself isn't worth 500 times' worker salariesAbigail Disney, the granddaughter of Roy Disney, co-founder of The Walt Disney Company with brother Walt Disney, said she thinks 'CEOs in general are paid far too much,' on CNBC's 'Squawk Box' Thursday.
और पढो »