MOVO
A motorbikes and scooters sharing platform.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 23 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | (5 %) | (8 %) |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
Related Content
Movo operates as a mobility service provider, focusing on the sharing of electric scooters and skateboards in urban areas. The company primarily serves environmentally conscious individuals seeking convenient and sustainable transportation options in cities like Madrid and Barcelona. Movo's business model revolves around a sharing economy framework, where users can easily access and rent electric vehicles through a mobile application. Revenue is generated through rental fees, which are charged based on the duration of use. By offering an eco-friendly alternative to traditional transportation, Movo positions itself in the growing market of sustainable urban mobility solutions. The service appeals to a demographic that values both convenience and environmental responsibility, aligning with broader trends towards reducing carbon footprints in metropolitan areas.
Keywords: electric scooters, skateboards, urban mobility, sustainable transport, sharing economy, rental service, eco-friendly, Madrid, Barcelona, transportation.