Helbiz Expands e-Scooter Offering To Australia

  • Helbiz Inc HLBZ has expanded its e-scooter offerings to the Asia Pacific region through a strategic trial with alloggio, a short-term rental accommodations operator in Australia.
  • The program will begin in June, deploying at least 100 e-scooters to alloggio guests and staff.
  • The arrangement will initially cater to get around popular tourism destinations initially in Queensland, Australia, with plans for expansion into other tourism hotspots across the eastern coast of Australia.
  • Price Action: HLBZ shares are trading higher by 6.54% at $1.14 on the last check Thursday.
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