Bird Buys Competitor Scoot, Further Consolidating the Crowded Scooter-Rental Market

Electric scooter rental firm Bird has agreed to buy competitor Scoot as it continues to expand its global footprint. The acquisition, announced Wednesday, is an example of what many market watchers have been saying about the scooter industry: The long list of rivals will consolidate and that a few major players left standing will prevail. […]