Chapter 11 protection for US firm, once the fastest ‘unicorn’ startup to be valued at $1bn, does not affect Canadian and European arms
The US electric scooter company Bird, once the fastest startup to clinch a “unicorn” valuation of more than $1bn, has filed for bankruptcy.
Bird, which helped introduce scooter and bike rentals in cities across the world, went public just two years ago via a deal which valued it at about $2.3bn.
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