Shareholders approve Bird-SPAC merger, stock promptly falls
TechCrunch
NOVEMBER 2, 2021
first spotted the vote news ; Bird is based in the Los Angeles metropolitan agglomeration. However, Bird has shaken up its model in recent quarters, leveraging a partner network to handle scooter deployment, which has generated more attractive results. For example, Bird had gross margins that were negative in 2018, 2019 and 2020.
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