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    Bird Soars to New Heights with Remarkable Summer Ridership

    9/7/23 4:05:00 PM ET
    $BRDS
    Diversified Commercial Services
    Consumer Discretionary
    Get the next $BRDS alert in real time by email

    Bird riders clocked nearly 16 million miles over the summer season with 11 million rides taken; 1.2 million new users turned to micromobility to get around

    Bird Global, Inc. (NYSE:BRDS), a leader in environmentally friendly electric transportation, today reported ridership results from the 2023 summer season. From June 1st through September 3rd, Bird riders clocked in nearly 16 million total miles – equivalent to circling the earth over 600 times.

    "This has been another incredible summer for Bird as we've expanded our reach, improved accessibility, and contributed to a greener, more connected world. Our ridership figures are a testament to the dedication of our riders as well as the hard work of our global team," said Stewart Lyons, President of Bird Global. "We are proud to play a pivotal role in contributing to hundreds of cities' sustainability goals while making alternative transportation convenient, efficient, and fun."

    Over the course of the summer, Bird provided its micromobility solutions to over 2.3 million unique riders across 350+ cities around the globe, equating to more than 11 million total rides. Bird also introduced its e-scooters and e-bikes to a staggering 1.2 million new riders, further cementing its leadership position in sustainable urban mobility.

    "One of the most fascinating aspects of this summer's performance is the incredible loyalty shown by Bird riders," added Lyons. "A remarkable 18% of all riders have ridden 100 times or more, demonstrating the long-term value of Bird's solutions."

    Other summer highlights include:

    • Peak periods of summer ridership occurred during the 4th of July holiday, the weekend of July 14-16th, in mid- August during back-to-school, and on Labor Day weekend.
    • While tourism contributed greatly to summer ridership, markets including New York City and Newark, NJ saw more than 70% of rides coming from locals.
    • The top ridership markets across North America include Los Angeles, Calgary, Atlanta, Austin, Seattle, Nashville, New York City and San Diego.
    • Internationally, the top markets include Tel Aviv, Rome, Helsinki, Marseille, Antwerp, Tbilisi, and Zurich.

    For more information on Bird, please visit www.bird.co.

    About Bird

    Bird is an electric vehicle company dedicated to bringing affordable, environmentally friendly transportation solutions such as e-scooters and e-bikes to communities across the world. Founded in 2017 by transportation pioneer Travis VanderZanden, Bird's cleaner, affordable, and on-demand mobility solutions are available in more than 350 cities, primarily across the United States, Canada, Europe, the Middle East, and Australia. We take a collaborative, community-first approach to micromobility. Bird partners closely with the cities in which it operates to provide a reliable and affordable transportation option for people who live and work there.

    Forward-looking Statements

    This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "believe," "intend," "demonstrate," "expect," "estimate," "anticipate," "should," and "likely" and similar expressions identify forward-looking statements. In addition, statements that are not historical should also be considered forward-looking statements.

    Readers are cautioned that forward-looking statements are not guarantees of future performance and not to place undue reliance on those forward-looking statements, which speak only as of the date the statement was made. Such forward-looking statements are based on current expectations that involve a number of known and unknown risks, uncertainties and other factors which may cause actual events to be materially different from those expressed or implied by such forward-looking statements. Other factors may cause Bird's actual results to differ materially from those expressed or implied in the forward-looking statements and such factors are discussed in Bird's filings with the U.S. Securities and Exchange Commission ("SEC"), including its Annual Report on Form 10-K for the fiscal year ended December 31, 2022, and subsequent reports filed by Bird with the SEC. Copies of Bird's filings with the SEC may be obtained at the "SEC Filings" section of Bird's website at www.bird.co or on the SEC's website at www.sec.gov.

    The forward-looking statements included in this press release are made as of the date hereof. Bird is not under any obligation to (and expressly disclaims any such obligation to) update any of the information in this press release if any forward-looking statement later turns out to be inaccurate, whether as a result of new information, future events or otherwise, except as otherwise may be required by the federal securities laws. New factors emerge from time to time and it is not possible for Bird to predict or assess the effects of all such factors or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20230907265233/en/

    Get the next $BRDS alert in real time by email

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