TIER Mobility in the news

Dott, or TIER Mobility SE, is requesting bondholders to approve an extension for submitting its 2025 audited financial statements until September 30, 2026, due to extensive review work.

Dott, formerly TIER Mobility, has successfully established itself as the leading and beloved micro-mobility provider in Eastern Switzerland by integrating its e-scooters and e-bikes into the daily lives of over 120,000 customers.

Tier Mobility's valuation crashed 93% to €150 million following a distressed merger with Dott, highlighting a shift towards profitability over rapid growth in the micromobility sector.

Tier Mobility experienced significant revenue growth in 2020 through the expansion of its e-scooter and bike sharing services across Europe and the Middle East.

TIER Mobility co-founder Lawrence Leuschner is leaving Germany to focus on his new biodiversity venture studio, Capacity.eco.

TIER Mobility Dott is moving its Swiss headquarters to St. Gallen to capitalize on its most successful regional market and signal confidence in the local economy.

Refurbished 25,000 vehicles and 13,500 IoT modules to extend hardware lifespan and reduce car usage across 400 cities.

Dott is closing its Bielefeld warehouse and laying off local staff following the acquisition of Tier Mobility to increase operational profitability.

TIER Mobility is being fully rebranded and integrated into the Dott platform following a finalized merger aimed at improving financial efficiency.

TIER Mobility is retiring its brand and app in Germany this October to fully integrate into the Dott platform following their merger.

Tier Mobility is retiring its brand and migrating all users and vehicles to the Dott app to achieve better scale and unit economics.

STAR Capital has acquired a majority stake in nextbike from TIER Mobility to invest in urban bike-sharing solutions.

TIER Mobility is selling Nextbike to private equity firm STAR Capital to focus on its B2C e-scooter core business while Nextbike returns to independent bike-sharing operations.

Tier Mobility and Dott are merging to form the largest European e-scooter operator with a 60 million euro investment.

Tier Mobility is merging with Dott in a rescue deal supported by a 60 million euro investment after significant valuation losses and layoffs.

Tier Mobility is laying off 140 staff members as it struggles to achieve profitability amid city bans and declining consumer demand.

Tier Mobility is exploring a merger with Swedish competitor Voi or other rivals like Lime to consolidate the micro-mobility market.

Tier Mobility is exploring a sale or merger after failing to secure significant new funding.

Tier Mobility is conducting further layoffs and strategic restructuring to prioritize profitability, impacting 7% of its workforce.

Berlin-based TIER Mobility is acquiring positioning tech firm Fantasmo to implement centimeter-accurate parking and computer-vision driver assistance for its e-scooter fleet.