Bird completed the acquisition of Spin from TIER Mobility for $19m.

Bird, an electric vehicle company, completed the acquisition of Spin, a shared electric bike and scooter operator, from TIER Mobility, a shared micromobility provider, for $19m. "We are excited to join forces with Bird, an innovative brand and a pioneer in micromobility. Together Bird and Spin create a powerful player in the North America market -- one that is focused on responsible partnership, bringing reliable alternative transportation options to the communities we serve, and creating a more sustainable future,” Philip Reinckens, Spin CEO.