Technology
Filing: Bird overstated its revenue for over two years by counting unpaid customer rides; valued at ~$2.3B in its SPAC merger, Bird now has a ~$104M market cap (Jaclyn Trop/TechCrunch)
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Jaclyn Trop / TechCrunch:
Filing: Bird overstated its revenue for over two years by counting unpaid customer rides; valued at ~$2.3B in its SPAC merger, Bird now has a ~$104M market cap — Micromobility company Bird said Monday it had overstated its revenue for more than two years by recognizing unpaid customer rides.
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