GoTo Global acquires Germany’s leading shared-scooter provider
GoTo Global Mobility Ltd has announced the acquisition of emmy, the market-leading pioneer of electric scooter sharing in Germany. The strategic acquisition significantly increases GoTo Global’s European footprint, opening the door for its accelerated entry into Germany and positioning it to exceed €100 million in annual revenues by the end of 2023.
Emmy offers shared electric mopeds with an app that easily enables its customers to find, reserve and quickly use mopeds across a city. With a fleet of over 3,000 scooters across Berlin, Hamburg and Munich, the company is a market leader in Germany, with more than 350,000 customers signed up for its app, covering more than 22 million kilometres on its scooters.
“This acquisition provides us with a large, immediate footprint in Germany and brings us one step closer to our mission of bringing multimodal shared mobility to every major European city by 2025, Gil Laser, CEO of GoTo Global, said.
“Today, very few city journeys rely on just one form of vehicle, and we believe that multimodal transport is the future for modern urban travel. We are excited to bring our unique technology platform to the German market, enabling commuters to...