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Ford scooter-sharing Spin to exit all “open permit markets”

Spin, the scooter-sharing service Ford acquired in 2018, is withdrawing from various markets due to unprofitability. This affects Germany, Portugal and Spain, and some US markets. Spin CEO Ben Bear shared the company’s reasoning in an email to staff. The news later broke on the Spin blog as well. Writes Bear: “Today, we shared the […] More…

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