Electric scooter maker Bird Global filed for bankruptcy protection on Wednesday, a remarkable descent for a company once valued at $2.5 billion. The Miami-based company filed for Chapter 11 in the ...

Electric scooter company Bird Global announced Wednesday, Dec. 20, 2023, that it has filed for bankruptcy protection in an attempt to stabilize its wobbly finances. (AP Photo/John Minchillo, File) AP ...

Bird has filed for Chapter 11 bankruptcy, capping off a turbulent year for the electric scooter company after it was delisted from the NYSE.

Bird, an electric scooter startup, is raising $300 million in new funding that would value the company at $2 billion, according to three people with knowledge of the financing, who asked not to be ...

Bird said it was overstating revenue from its shared electric scooters for 2020 and 2021. The company was improperly counting preloaded “wallet” balances as revenue after certain trips.

Electric scooter company Bird Global announced Wednesday, Dec. 20, 2023, that it has filed for bankruptcy protection in an attempt to stabilize its wobbly finances. (AP Photo/John Minchillo, File) AP ...

A banner for the electric scooter rental company Bird is displayed outside of the New York Stock Exchange (NYSE) as the company goes public via a SPAC on Nov. 5, 2021 in New York City.

Bird has filed for Chapter 11 bankruptcy, capping off a turbulent year for the electric scooter company. In a press release today, Bird confirmed that it had entered into a "financial ...